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Muelle Norte decision due by April 1 (Peru)
2011-03-21

Peru's private investment promotion agency ProInversión expects to award the concession to operate the multi-purpose Muelle Norte terminal at Callao port by no later than April 1, according to the agency's director, Jorge León.

All three companies that expressed interest in the project are still in the race, León was reported as saying by state news agency Andina. The prospective bidders are Hong Kong-based Hutchinson Port Holdings (HPH), APM Terminals and Ports America.

Dubai-based DP World, which was barred from participating due to its concession at Callao's Muelle Sur terminal, has said it will continue to fight to be allowed to participate, despite an unfavorable ruling by a Lima court earlier this month.

Port infrastructure project committee Pro Puertos has approved the final version of the Muelle Norte concession contract, which is scheduled to be released on March 25.

The contract stipulates that state ports operator Enapu will receive up to 33% of earnings the eventual port operator receives from the concession, according to Enapu president Mario Arbulú.

The Muelle Norte concession calls for a minimum investment of US$549mn. The concessionaire will operate the terminal, located at the country's busiest port, for up to 30 years.


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