8/20/08

Pucallpa, Iquitos ports to be launched for concession in 2009

Peruvian ports Pucallpa and Iquitos are scheduled to be concessioned during the first quarter of 2009, local paper Gestión quoted transport and communications (MTC) deputy minister Carlos Puga as saying.

The tenders were expected to launch this month, following a statement issued by the national port authority (APN) earlier this year.

The modernization of Iquitos port will require an US$18mn investment, while works in Pucallpa will need at least US$24mn, Puga said.

MTC is currently working on the development of a multimodal transport plan that will include new concession initiatives, he added.

The government is also working on modifying a policy that holds MTC responsible for highway maintenance. Authorities want to be able to hand these services over to the private sector as well.

The ports will be concessioned separately and their master plans have already been submitted to MTC's public investment projects department for approval.

According to past reports, Chinese investors have expressed interest in the Iquitos port, in Loreto region. Meanwhile Spanish capitals have sought information regarding Pucallpa, in Ucayali region.

In the meantime, APN continues to design master plans for ports Yurimaguas in Loreto, Ilo in Moquegua and Salaverri in La Libertad.

All bidding processes will be handled by state agency for promoting private investment ProInversión.

Publication: Business News Americas - English News
Provider: Business News Americas
Date: August 20, 2008

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