The Government announced the subscription of an addendum to the concession contract of the Southern International Terminal (Tisur), which will allow an investment close to US $ 600 million in the modernization of the port of Matarani With the construction of a multipurpose spring, a breakwater and other works.
According to the shared statement, José Salardi, head of the Ministry of Economy and Finance (MEF), led a meeting with the executive director of the Private Investment Promotion Agency (Proinversion), Luis del Carpio, the Ministry of Transport and Communications, and representatives of the Tisur company to coordinate the details of the agreement.
The signature of the addendum is expected before July 28, which would guarantee the execution of the project within the next four years, attending the growing demand from the mining sector and promoting other strategic projects such as Majes Siguas II, Corani, the Fitters, Cotabambas and Haquira.
Puerto Matrani: What are the main investments?
Luis del Carpio said that the investment will allow the construction of a new multipurpose mooring and a break that will receive ships of up to 60,000 tons of dead weight (DWT). In addition, the spring infrastructure will be modernized to increase its operational capacity, a mineral warehouse will be built with a capacity of 40,000 metric tons and electric cranes will be installed, which will improve the efficiency of the port.
“Indeed, this investment will strengthen our commitment to the modernization of port infrastructure, essential for economic development and investment attraction in the country,” said the Executive Director of Proinversion after advancing that it will work to get the addendum within the indicated period , together with the Ministry of Economy and Finance, Ministry of Transportation and Communications, National Port Authority (APN) and Supervisory Agency for Investment in Public Use Transport Infrastructure (Ositran).
What impact will the Matarani port in the economy?
The creation of approximately 1,800 direct jobs during the construction phase. Likewise, the modernization of the port is expected to generate additional contributions to the State for US $ 356 million and other US $ 11,000 million in viable projects for the southern region.
The Matarani port terminal, located in the province of Islay (Arequipa), was awarded in concession in 1999 and is currently operated by Tisur, a company of the Tramarsa Group, which belongs equally to the Romero and Global Infrastructure Partners-BlackRock group.
During its 25 years of operation, the concessionaire has invested US $ 290.4 million in improvements and maintenance of the port, consolidating as the main copper export point in Latin America.
Source: Larepublica
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