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Latin America Investment News on Viva Tropical

Public or Private: Who’s Operating Honduran Ports?

Article Summary:

In recent days, business and labor has made proposals and counter proposals for the privatization of Honduran ports. On the heels of the public discussion two new companies, Seaports of Honduras and Honduras SA Port Operations, were formed whose main operations will be that of the governing ports. But in counter statements by President Lobo, no official nod has been given to privatize the National Port Company (ENP) and in this regard, President Lobo pledged that during his administration, “no state enterprise to be privatized.”

Photo Credit: America Economia

Original Article Text From America Economia via Google Translate :

Two Companies are to Manage Ports in Honduras

As they are officially two companies to manage ports in Honduras, the private sector the government reiterates that any transition or opening in the National Port Company (ENP) should be done by launching a public tender.

In recent days, business and labor made proposals and counte rproposals for the Puerto Cortés intervened transit terminal for a reform that will optimize human resources and logistics.

While these initiatives are agreed, announcing the formation of society Seaports of Honduras, with a minimum capital of 24.02 million (U.S. $ 1,236,440) and the maximum of 100,000,000 (U.S. $ 5,147,530).

In addition, the company was de Honduras SA Port Operations with a minimum capital of 25,000 lempiras (U.S. $ 1,286) and a maximum of 100,000 (U.S. $ 5,147).

What do they do? The incorporation of Honduras SA Port Operations was announced on November 23, 2011 in a paid advertisement.

It was reported that the primary purpose of society is the development, contracting, implementation, development, construction and construction management, infrastructure projects and services, both public and private nature.
In addition to the management, promotion, monitoring and construction of port infrastructure, construction and operation of ports, docks and piers.

This is compounded by the providing logistics services, the provision of technical services, being able to perform any other legitimate commercial activity, the home of the same is the city of Tegucigalpa and managed by a board of directors.

The other company. On Sunday, January 15, 2012 was published, also in a paid advertisement, the incorporation of Honduras Seaports.

In said publication notice informing the general public and for the purposes of law that deed number January 10 this year, was incorporated Seaports of Honduras, with a minimum capital of 24.02 million and the maximum of 100,000,000.

The purpose of the company is the design, contracting, implementation, development, construction and construction management, infrastructure projects and services, both public and private nature, management, promotion, monitoring and construction of port infrastructure, administration, construction and operation of ports, docks, wharves, piers, jetties and airports.

You can also make the conclusion of contracts of any kind and particularly turnkey, construction, management, production, concession, participation, development of projects, the implementation of public participation models and private sectors.

Along with the above, you can engage in joint venture (joint venture), management contracts, trusts or any other form or as unattractive for the execution of the works and / or the provision of services, promote, organize, manage and represent companies, may perform any other legitimate commercial activity, the home of the same is the city of Tegucigalpa and managed by a board of directors.

Uncertainty. The President Porfirio Lobo said the weekend during an official ceremony in the southern region, the National Port Company (ENP) will not be privatized.

The statement was made the president in reference to statements given by the mayor of San Lorenzo, Valle, Alex Valdez, who claimed that Congress was discussed in two debates a bill to privatize the operation of the port Henecán, San Lorenzo .

In this regard, President Lobo pledged that during his administration, “no state enterprise to be privatized.”

Stakeholders. “We have had particular knowledge so that users of the bulk terminal have an interest in managing the operational side,” revealed the former president of the Honduran Council of Private Enterprise (COHEP), Oscar Galeano.

For the plastics industry, which was also president of the Chamber of Commerce and Industry of Cortes (CCIC), this company want to make appropriate investments to streamline the operation of the port and reduce the cost of services.

“There are cases to unload a ship take several days to make these moves, while other ports in the world, these operations are carried out in hours. This prevents increasing the price of the products,” he said.

According to Galeano, the firm that uses the bulk quay is interested in operating in a particular sector. “No doubt we will find other groups with an interest in managing the general cargo,” he said.

For the entrepreneur, the new port management mode could be achieved through integrated tripartite participation by the private sector, central government and a municipality of Puerto Cortés.

For Galeano privatization of this terminal would be an effective tool to restore lost competitiveness to this port, if the process is handled in a transparent manner and through a public bidding process.

“Through a process of privatization should be given the opportunity to business groups that have the capital necessary to develop all investments. In addition you can gain advice and specialized knowledge of company management to the operational capacity to recover Puerto Cortes, “he said.

The leader said that it is possible that during the coming days that will transcend economic groups, too, interest in managing general cargo.

“I think management can form a hybrid that is pleasing to all sectors,” said Galeano.

Link to Original Article:

From America Economia

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