The Comisión Presidencial para la Seguridad y Modernización Portuaria (CPMSP), the Dominican government agency established in 2005 and mandated to coordinate the operation of national institutions that operate the ports, has announced that it has prepared a draft reform legislation that defines the port legal framework to grant a concession to the private sector all the docks currently managed by the State.
The government's objective with this proposal - said the secretary of CPMSP, Dominquez Jose Napoleon - is to increase international trade in the Dominican Republic and increase revenues in foreign currency through customs and to update outdated legislation that dates back to 1970 , when the law was enacted that created the Autoridad Portuaria Dominicana.
"Foreign trade - Dominquez said Napoleon - is a priority because it affects the income of foreign currencies and is therefore the desire of President Leonel Fernandez, who has created this Comisión with the aim of promoting modernization, that ports make it a better service the country. "
The government's objective is to privatize all 12 national ports of Santo Domingo, Rio Haina, Boca Chica, La Romana, Puerto Plata, Manzanillo, San Pedro de Macoris, Samana, Azua, Barahona and Cabo Rojo (Pedernales) and the port of Caucedo, which however is already operated by a private company: the terminal operator DP World of Dubai Group.
Under the new regulations is the Port Authority intends to entrust the role of agency activities coordinator and executor of the regulations and fiscal measures taken by the Consejo Nacional Portuaria. The intention is to attract economic resources for the modernization of the national port infrastructure.
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