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Latin America Investment News on Viva Tropical

Honduras: Ficohsa to Lead Modernization of Puerto Cortes

Article Summary:

Honduran Banco Financiera Comercial SA (Ficohsa) was chosen by the Honduran Government to serve as trustee bank and arranger of the Port of Cortes modernization project.

Photo Credit: El Heraldo

Original Article Text From El Heraldo via Google Translate :

Ficohsa Lead Modernization of Puerto Cortes

Honduran Banco Financiera Comercial SA (Ficohsa) was selected as the bidder with the highest qualification to practice as a trustee bank and arranger of the proposed modernization of the maritime terminal of Puerto Cortes.

The government agency Coalianza called a tender to define the bank to be responsible for structuring process to modernize the operation of specialized terminals and general cargo in containers through the mechanism of a Public Private Partnership (PPP).

The technical proposal and financial Ficohsa was selected as the ideal to direct the process ending with the modernization of Puerto Cortes.

Ficohsa, as trustee and arranger, is responsible for hiring the team of consultants (independent companies) in the technical, economic, financial, socio-farm, environmental and legal, which together with structured documents Coalianza “Project” and “public Contest modernized international port facility.

“The APP represents an important positive impact for the largest port facility of the Honduran economy and a milestone in launching this type of business.Puerto Cortes is the port facility where they exit the majority of our exports and imports which also received.

Link to Original Article:

From El Heraldo

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