Thursday, November 17, 2011

Construction of Peru's Muelle Sur second phase to begin Sep. 2012


Dubai Port (DP) World, concessionary of Muelle Sur in the port of Callao, is expected to start the second phase of investments in said terminal in approximately 11 months, that is, in September next year, president of the National Port Authority Frank Boyle announced Thursday.

"We, as well as the Supervisory Agency for Investment in Public Infrastructure (Ositran), are convinced that DP World exceeded the rate of employability during the first phase of operations, which triggers a second phase of investments in the terminal" said Boyle.

Ositran recently announced that operations at Muelle Sur surpassed 80 percent of its operating capacity; which is why, in compliance with the contract signed with the government, the company must start the second phase which requires an investment of US$240 million.

Boyle explained that in the next 11 months, DP World will have to develop the technical file, as a first step for the beginning of works.

"During that time they must also obtain a certificate of absence of archaeological remains and pass the environmental impact report, with which they would be ready to start building the second phase," he said. (Andina)

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