Mexico's Veracruz port gets 3 proposals to build new terminal

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Wednesday, June 14, 2017

Mexico's Veracruz port authority received three technical proposals for the construction of a liquid fuels terminal, which is one of four facilities to be built as part of the port's 30bn-peso (US$1.6bn) expansion project.

The bidders were Avant Energy, IENOVA's subsidiary ESJ Renovable, and Swiss-based firm Vitol, according to a report by logistics news portal T21.

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The companies Prestadora de Servicios MTR and Prana Capital submitted letters to decline their participation in the tender.

The tender calls for the construction of a liquids terminal to be built on an area of 123,000m2 to handle petroleum products, as well for the transfer of gasoline and other petroleum derivatives through pipelines to the port's future logistics area. The contract also requires the construction of a public pier to handle the terminal's cargo.

The winner will have the right to operate the terminal for a period of 20 years, with the possibility of renewing the contract for a similar term once it expires.

The tender was launched in December. Economic bids are scheduled to be submitted on July 3, with the winner being announced on July 12.

The port expansion project includes more terminals to be built, including one to handle mineral bulk, one for bulk agricultural goods, and another one for liquids or semi-liquid bulk agricultural derivatives. The tenders for those terminals have been launched and the technical offers are expected to be submitted this week.

Technical bids for the construction and operation of a public terminal to be used for semi-specialized container and bulk cargo are set to be submitted in October as the tender had to be relaunched following an unfavorable ruling by competition watchdog Cofece.

The Veracruz port authority has not yet provided the specific investments required for the construction of each terminal, but according to authorities some 80% of the investments will come from the private sector.

PICTURED: A view of the area where the Veracruz port will be expanded. (CREDIT: API Veracruz.)