Peru’s private investment promotion agency (ProInversión) is seeking expressions of interest from private sector developers for a long-term concession based modernization and redevelopment of the port terminal at Salaverry.

Proinversion approved US$216 million private initiative for the port, located in La Libertad region.

Interested companies have a period of 90 days to submit interest in the project. If no proposals are submitted, the project will be awarded to the Consorcio Transportadora Salaverry, formed by Grupo Romero subsidiaries TRAMARSA and Naviera TRAMARSA. 

The project consists in the design, construction, financing, maintenance and exploitation of a the port with the purpose to reduce the sea freight costs to mining exporters by offering them a new pier for the shipment of specialized concentrates, with greater efficiency and capacity to serve larger ships.

The project will modernize the existing infrastructure at the port, which dates from 1960, including the dredging of the port area to 14 meters from 10.5 meters. The work also includes the construction of a new internal dock and development of storage areas to expand the capacity of the terminal. The terminal will be able to handle Panamax vehicles. 

Further information about this business opportunity is available here.