Privatization – Peru – Ositran to approve Muelle Norte contract

Peruvian transport regulator Ositran will emit a favorable opinion regarding the concession contract for Callao port’s Muelle Norte terminal on Friday (Mar 25), Ositran president Juan Carlos Zevallos told BNamericas.

“We’re making a few small recommendations to improve things like the tariff revision system, to make sure it complies with Ositran regulations. But in basic terms the project’s ready and it’s well formulated,” Zevallos said during an interview at the BNamericas Andean Infrastructure Summit.

The changes proposed by Ositran are largely related to tariffs and quality of service, and ensuring that Muelle Norte implements the same standards as Callao’s Muelle Sur terminal.

While Muelle Sur concessionaire DP World was required to handle 25 containers per hour by the end of its first year of operation, the Muelle Norte contract draft requires 18 containers per hour. Ositran has proposed that the same standards be applied throughout the port, Zevallos said.

The contract has already been approved by port infrastructure project committee Pro Puertos.

The US$549mn project is scheduled to be awarded by April 1. Prospective bidders are Hong Kong-based Hutchinson Port Holdings (HPH), APM Terminals and Ports America.

The eventual concessionaire will operate the terminal, located at Peru’s busiest port, for up to 30 years.

The Andean Infrastructure Summit is being held in Colombian capital Bogot from March 23-24.

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March 24, 2011 • Tags: Contract, Muelle Norte • Posted in: Business Tips

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