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EPSA plans to launch a tender for $3.6 bn port construction in Chile

EPSA Chile_IF_Image

Chilean state port operator EPSA plans to launch a tender next year to construct a large-scale port in San Antonio, media reports said. The port operator’s tender will be directed toward the new port construction worth $3.6 billion.

It is reported that ports in Ecuador and Peru already have a capacity to receive 400 million long ships. However, the proposed new port in Chile will be the first in the country to have a capacity to hold 400 million long ships. 

The construction of the new port is expected to commence in 2022 or 2023. PSA’s CEO, Luis Knaak, told a webinar, that “it is very important for our country’s competitiveness to have that.” 

In September, Capstone entered into a Memorandum of Understanding with Puerto Abierto for Capstone’s Santo Domingo project in Region III, Chile. arren Pylot, President and CEO of Capstone, told the media, “Over the past three months we have seen a surge in interest in our fully permitted Santo Domingo project. I believe this relationship with Puerto Ventanas will serve as a major catalyst for our Santo Domingo Project. Our path forward includes a successful culmination of the strategic sales process, executing a gold stream agreement and arranging project debt financing.”

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