Independent journal on economy and transport policy
14:47 GMT+1
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Agreement ICTSI - PSA in order to construct and to manage the container jointly Columbian terminal of Aguadulce
the Philippine group will yield to the company of Singapore the half of own participation (91.28%) in the Sociedad Puerto Industrial de Aguadulce
September 18, 2013
the terminalista group International Container Terminal Services, Inc. (ICTSI) of Manila and terminalista group PSA International of Singapore have signed an agreement for the development, the construction and the combined management of the new container terminal of Aguadulce in the port of Buenaventura, in Colombia, harbour system of which the Philippine ICTSI SPY has obtained the management in 2007 assuming the control of the Columbian Sociedad Puerto Industrial de Aguadulce () that July 2007 is intestataria of the contract of concession of the duration 30-year-old(the 9of).
the understanding previews that PSA acquires part of the SPY share capital, indirectly participated society from ICTSI. According to the terms of the agreement the Kinston Enterprises Corporation and Future Water KNOW, society integrally controlled by ICTSI, will yield to the PSA Colombia Pacific Pte, society integrally controlled from the group PSA, actions of the SPY for a total pairs to the 45.64% of the entire capital stock of the society, analogous quota to that which will remain in the hands of group ICTSI. To conclusion of the agreement, in fact, groups ICTIS and PSA will altogether stop through respective the branches the 91.28% of the capital stock of SPY.
Is while continuing the construction of the new container terminal and before the three phases of the plan, that it comprises the realization of a dock of 570 linear meters in a position to enlivening 400 thousand per year container teu, it would have to become operating in the course of the next year. To completed plan the terminal will have a line of dock of 2.000 meters and a annual ability to traffic pairs to 1,2 million teu.
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