Paracas Consortium Secures Port Concession
News: The Paracas consortium submitted the winning bid for the USD100mn concession of San Martín port in Pisco, Peru. The consortium comprises Servinoga, Tucumann Engenharia e Empreendimentos, PATTAC Empreendimentos e Participações and Fortesolo Servicios Integrados. The concession, awarded by ProInversión, involves the development of a multipurpose terminal and annexed container berth. The port is expected to have capacity to move about 2.7Mt/y of cargo by the end of the 30-year concession.