The ACP has approved the documents to tender in ten days a concession to one of the prequalified companies; PSA International Ltd, Terminal Link, Terminal Investments Limited and APM Terminals.
From a statement issued by the Panama Canal Authority:
The Board of Directors of the Panama Canal Authority (ACP) approved the request for proposal documents and authorized the admininstrators to continue with the approval process, prior to tendering the concession of the Port of Corozal with the shortlisted companies.
The request for proposal will be published in ten days.
The ACP announced in March this year that four out of seven of the largest operators of ports around the world were shortlisted for the award of the design, construction, development and operation of the port container transshipment business in the area of West Corozal of the Panama Canal.
The four port operators are: APM Terminals BV (Holland); Terminal Link (France); PSA International Pte Ltd (Singapore).; and Terminal Investment Limited, S.A. (Holland).
“The result of this process demonstrates the potential of the project and especially the confidence of the leading port operators in the world,” said the Canal Administrator at the time Jorge Luis Quijano.
In addition to those that were prequalified the following companies also took part: Mitsui OSK Lines companies (Japan); Manzanillo International Terminal – Panama, S.A. and Terminal Ports America Holdings II, Inc. (U.S).