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Yilport recommends the Bolivar Port to diversify its cargo with mining and paper

Posted On 07 Mar 2016

 

puerto bolivar-ecuadortimes-ecuadornrewsIn two or three months, at the moment the contract will be signed, Yilport Holding NV, a Turkish business group that belongs to the Yildirim brothers, will start its operations in the Bolivar Port, located in the province of El Oro. The operations will start after the proper equipment and people are gathered.

The group, which manages other 18 ports in 7 different countries, was the only bidder that was interested in designing, financing and executing the operations and maintenance of the port. The bidding was won by Yilport this past February 24th.

According to the bidding resolution, Yilport will invest 750 million dollars in 50 years. The investment will start after the contract is subscribed. (I)

Original source in Spanish: http://www.eluniverso.com/noticias/2016/03/07/nota/5449794/yilport-apunta-diversificar-carga-pto-bolivar-mineria-papel

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Almost half of the rural population lives on less than USD 2.80 a day

Posted On 04 Mar 2021

The unemployment rate for women increased from 5.7% to 7.4% between 2019 and 2020

Posted On 04 Mar 2021

In one year, more than 650,000 people lost their jobs; index would recover in four years, according to experts

Posted On 04 Mar 2021
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