Awarding of US$170mn Santa Fe port terminal 'imminent'

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Wednesday, December 10, 2014

Argentina's Santa Fe province expects in the coming days to award a tender for the construction, maintenance and management of the new Santa Fe multi-purpose fluvial terminal, a source at Santa Fe port told BNamericas.

"The tender was held on May 28 but the evaluating committee has yet to issue the resolution. This could come out in the next few days – we may have news next week," the source said.

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The tender for the US$170mn terminal, on the Paraná-Paraguay waterway, was originally launched at end-2012 and slated for award mid-2013. However, the award date was pushed back to year-end, when plans were put on ice after the one consortium interested – led by Brazilian company Camargo Correa – asked for the project to be postponed.

Once again, there was one consortium that presented a bid, added the source, who was unable to confirm the partners but said the group comprised a shipping company, a port operator and national and international firms.

Works would include the construction of a bridge and other road infrastructure necessary to guarantee access to the new terminal, which is expected to handle up to 3Mt a year of bulk agriculture commodities. It is also due to handle products, such as oils and flour, that need to be shipped via container.

Santa Fe's current port infrastructure has the capacity to handle around 300,000t per year.

According to previous reports, Santa Fe will invest US$40mn and the tender winner the rest.