NOVA MEDIA PUBLISHING INC.

Ecuadorian Government Promotes Works in Five Ports

27.9.2019

The objective of the State is to convert the port terminals into a global development pole for which it allocates resources for $ 461 million. In the Ecuadorian ports of Esmeraldas, Manta, Guayaquil, Posorja and Puerto Bolívar, a series of works are carried out to increase competitiveness. The Ministry of Transportation and Public Works (MTOP) invests around $ 461 million in the terminals.

The goal is to handle more than 2.2 million teus (standard 20-foot container) that the port system mobilized last year (2018). One of the most important projects is the deep dredging of the access channel to the Port of Guayaquil, in which $ 100 million is invested.

José Antonio Contreras, Contecon manager, says that thanks to this channel promoted by the city council and the Government, the entry of larger vessels will be facilitated, which will imply new investments for the port operator. It is estimated to increase the depth of the channel from 9.75 to 12.50 meters. Contreras ensures that the Government is clear about the need for the Port of Guayaquil to be a benchmark for the competitiveness of the import and export sectors.

The nautical signaling system in Posorja is also one of the outstanding works. This allows ships entering the new DP World port to enter the access channel quickly and safely.

Another important project is in Puerto Bolívar, where two last generation mobile cranes arrived with an investment of $ 7.90 million from the concessionaire Yilportecu S.A.

The goal is to provide ease and speed in receiving large-scale containers. In addition, the dredging works to the access channel with a depth of 14.5 meters continue.

The banana sector supports the Government's decision to allocate resources to modernize the current infrastructure of the port terminals. Raúl Villacrés, executive director of the Association of Banana Exporters of Ecuador (AEBE), indicates that these investments are necessary because they allow larger capacity ships to arrive.

The sector expects that these improvements do not imply an increase in operating costs, as it would affect competitiveness.

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