The Ecuadorian Ministry of Transportation and Public Works and DP World Ecuador signed a Memorandum of Understanding (MoU) that contains general guidelines and a roadmap that will allow the Posorja Deep Water Terminal to advance the works of Phase II of Posorja Port.
The extension of this pier by an additional 232.5 m will bring its total length to 700 m. Through this agreement, DP World will also furnish the port terminal with new and advanced equipment, enhancing efficiency and operational capacity to accommodate up to two Post-Panamax vessels simultaneously and at full capacity.
Construction of this project is projected to be completed within 18 months. The additional infrastructure and equipment will further solidify the international standing of the Port of Posorja, renowned for its efficiency, technological advancements, exceptional service, and safety measures, including the utilization of three cargo scanners to monitor all incoming shipments.
Private investment promotion agency (Proinversión) has awarded the 500 kV Transmission Line Substation of Piura Nueva - Frontera public-private partnership (PPP) project to Celeo Redes SLU.
Read moreThe Ministry of energy and non-renewable natural resources in Ecuador has shortlisted four bidding teams for its Nororiental transmission system concession.
Read moreMinistry of Transportation and Public Works (MTOP) in Ecuador has signed the concession contract for Naranjal to Tenguel road section with Concesionaria Integral – Intervías SA.
Read moreMinistry of Transport and Public Works (MTOP) in Ecuador has launched a tender seeking private developers for the Daule-Posorja railway corridor phase 1 under Public-Private Partnership scheme.
Read moreThe President of Ecuador has announced plans to develop a new cable car system in Quito, the capital city, through a public-private partnership (PPP).
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