The announcement was made after a meeting with Honduras’ Commission for the promotion of public-private partnerships (COALIANZA), that called the international tender, and ICTSI executives.
ICTSI won the bidding 1 February 2013 by offering an investment of $624.3m and a royalty per movement of teu of $19.5. The concession is for a period of 30 years and both parties have 60 days after the award to sign the contract.
The new container and general cargo terminal of Puerto Cortes will have 1,100 m of quay for containers and 400 m for general cargo, a 14 m draught, annual capacity of approximately 1.8m teu.
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