Ecuador plans road concessions

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Ecuador plans road concessions

In order to improve the national transportation system the Government of Ecuador expects to receive through public-private partnerships PPP an investment of some US$4,000 million over the next 30 years.The plan would cover around 500 kilometers of roads. According to the information provided by Deputy Minister of Transport and Public Works. 

The PPP model will also take effects in ports, where an investment of about US$ 2,100 million is expected for the same period (next 30 years).

The government of Ecuador already announced in September 2015 a plan to develop public private partnership (PPPs) infrastructure projects in the country.The following projects are in planning thanks to the new regulations and laws that are being established by the PPP plan:

  • Posorja port, which is currently a small fishing port in the Guayas delta, 50 km south of Guayaquil centre. In 2006, a US$450 million concession to build and operate a deepwater port with a 15 m draft in Posorja was awarded to Spanish group Alianza Internacional Portuaria (Alinport). However, works never began and the authorization for construction was later revoked.
  • Machala port, which is Ecuador's second most important port. Located in the city of Machala, Bolivar Port is the gate of the export products of the rich region of the Province of El Oro and parts of the provinces of Azuay, Canar, Guayas and Zamora and northern Peru. This port mobilizes 80% of banana production in Ecuador.
  • Rio 7 highway in Huaquillas, a 95 km road that would link the northeast and northwest of El Oro province. The total project investment is estimated at US$356 million.

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