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Yilport bets on Puerto Bolivar as a minerals dock
Posted On 09 Aug 2016
August 8th the government materialized the second concession of a state port in 2016. With the concession of the Puerto Bolivar´s management to the Turkish firm Yilport, for 50 years, it is expected that this competes with other docks in the region and becomes more attractive for big shipping companies.
Yilport Holding, a Turkish firm of the port, mining and energy sector signed the concession contract with the Ministry of Transport and Public Works (MTOP), in the same facilities of Puerto Bolivar, in Machala (El Oro province). This holding closed the contract with the offer to turn the port into a magnet for shipping companies that have not yet come to the country, and compete with other ports in the South Pacific.
Rafael Sapina, International Director of Port Development at Yilport, explained how they expect to do this. “The access draught to Puerto Bolivar will be 16 meters by the fourth year of concession. This is not a problem, because access is very broad, with layers of homogeneous material, which will make it easier to dredge and then keep the draught.” Sapina also believes that through a specialization process of cargo handling, and its proximity to the Panama Canal, the port will be able to compete in better conditions with other docks in the region.
Source: http://www.elcomercio.
