Region: Latin America and Caribbean
Country: Honduras
Sectors: Transportation
Keywords: Contractual Provisions, Parties, Sector, PPP unit
Document(s):
Contrato de Fideicomiso (Management Trust Agreement)5.3 MB
Document Details:
Honduras - Puerto Cortés Bulk Cargo Terminal: Contrato de Fideicomiso para la Estructuración, Desarollo y Financiamiento de la Operación de la Terminal des Graneles de Puerto Cortés (Management Trust Agreement for the Structuring, Development and Financing of the Operation of the Puerto Cortés Container and Cargo Terminal) between the Comisión para la Promoción de Alianzas Públicas-Privadas (COALIANZA), Empresa Nacional Portuaria (National Port Company) and Banco Atlantida S.A. (Spanish).
The National Port Company and COALIANZA (as “settlors”) undertake to transfer certain assets and rights to Banco Atlantida S.A., the bank in charge of structuring, and serving as trustee of the project. Banco Atlantida S.A will also manage these assets and rights for the structuring, development and financing of the operation of the Puerto Cortés Bulk Cargo Terminal PPP Project.
The project aims to streamline the operating system to quickly handle imports and exports, and change the physical structure and logistics of the port, which is considered of critical importance to Honduras.
The objectives and purposes of the Trust Management Agreement are to establish the structure, based on the studies, of an international public tender for the award of equipment, operation and maintenance of the project to a private Investor-Operator, who will assume responsibility for the operation related to the loading and unloading of merchandise at Puerto Cortés’ bulk terminal.
Only after execution of the management trust agreement will COALIANZA be in the position to open the bid process for the selection and award of the concession agreement to a private operator for the project. More information and legal documents on the project are available on the website of COALIANZA.
For more information on PPP port projects visit PPP in Ports/Port Reform.
Tracking Number: Honduras_ Puerto Cortes Bulk Cargo Terminal_COALIANZA_ES.pdf
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Updated: October 6, 2021