Previously, any company operating at either Valparaiso or San Antonio had been excluded from participating in the tender, resulting in no bids received in the initial process launched in 2011. Now, members of any of one of three groups linked to existing operations are effectively freed up to take part in the process.
However, the controversial ruling – with the president\’s casting vote effectively ensuring it took place – comes with a series of four caveats.
A parallel bidding process will take place, with incumbents\’ bids opened first. Potential bidders from outside the port will then have the opportunity to match such a bid. Should they do so then their bid will be favoured over the incumbents.
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