The Ministry of Transport and Public Works (MOPT) of Ecuador has launched the tender process for the design, build, finance, operation and maintenance (DBFOM) of the Puerto Providencia terminal under PPP scheme.
The project will cover a total area of 6.64 ha and will be located in the margins of the Napo river, in the province of Sucumbíos.
The total investment estimated for the project stands at US$34.2 million.
The public tender is subject to the PPP regime contained mainly in Executive Decree No.582, published in Official Gazette No. 453 and the Organic Law on Incentives for Public-Private Partnership and Foreign Investment.
Puerto Providencia is part of the Manta-Manaus route, a project that will connect the Pacific coast with the Amazon region of Brazil.
Tender documents are available in the ministry website until June 16.
IFC, a member of the World Bank Group, and the IFC Global Infrastructure Fund (GIF), a fund managed by the IFC Asset Management Company (AMC), have invested a combined US$100 million in Orazul Energy Partners LLC, an affiliate of Orazul Energy Holdings LLC, an energy platform in Latin America owned by I Squared Capital.
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