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Tender for Buenos Aires Port modernization is delayed

Buenos Aires Port future look.jpg
This rendering shows what Buenos Aires Port is planned to look like following the $1.91bn modernization plan
The tender to modernize and operate Buenos Aires Port has been postponed several months, until March.

Gonzalo Mórtola, who leads the General Administration of Ports, cited a high volume of financial and technical inquiries since the tender was announced earlier this year. The plan had been to award a concession in December.

More time for a very complex process

Mórtola said the delay will give potential operators more time to hone their projects and the incoming government the opportunity to internalize what is a very complex process.

Infrastructure works to be carried out under the modernization plan represent an investment of more than $1.91bn over 50 years. They are aimed at renewing Buenos Aires Port with a flexible design, capable of adapting to future needs in a competitive manner and ensuring high environmental and quality standards.

Dedicated cruise terminal

A dedicated cruise terminal is among the plans.