The Peruvian government has decided to bring forward an auction for the concession to operate Peru's southern port of Pisco, news reports said today.
Pisco is a general cargo port, handling liquid natural gas (LNG), metals and agricultural produce. The port was badly damaged last week by the country's worst earthquake in more than 30 years.
According to Proinversion, the state agency responsible for the promotion of private investment in Peru, 30% of the port was destroyed. Peru is encouraging investment in its ports to fuel its economic gowth. A pier concession at Lima's port of Callao was last year been auctioned to DP World.
Proinversion director David Lemor said: “We're going to place priority on projects in the Pisco area, such as the port and a highway to the highlands. It's important that the port is competitive so that exporters have lower costs.”
Proinversion has recently been criticized by Peruvian President Alan Garcia over delays to national port development plans, which among other things saw a slow start to tenders for a concession to develop Peru's northern port of Paita. Government officials want Paita to become “Brazil's exit to Asia.”
Garcia has called on officials to boost privatization efforts and launch more new state infrastructure concessional processes.
Pisco is a general cargo port, handling liquid natural gas (LNG), metals and agricultural produce. The port was badly damaged last week by the country's worst earthquake in more than 30 years.
According to Proinversion, the state agency responsible for the promotion of private investment in Peru, 30% of the port was destroyed. Peru is encouraging investment in its ports to fuel its economic gowth. A pier concession at Lima's port of Callao was last year been auctioned to DP World.
Proinversion director David Lemor said: “We're going to place priority on projects in the Pisco area, such as the port and a highway to the highlands. It's important that the port is competitive so that exporters have lower costs.”
Proinversion has recently been criticized by Peruvian President Alan Garcia over delays to national port development plans, which among other things saw a slow start to tenders for a concession to develop Peru's northern port of Paita. Government officials want Paita to become “Brazil's exit to Asia.”
Garcia has called on officials to boost privatization efforts and launch more new state infrastructure concessional processes.