New concession for Terminal 5 in the Port of Buenos Aires up for grabs
The General Ports Administration (AGP) of Argentina has issued a new four-year tender for Terminal 5 in the Port of Buenos Aires, with a one-year extension period available.
The terminal has been run by Buenos Aires Container Terminal Services SA (BACTSSA), a member of Hutchison Port Holdings (HPH), on a temporary extension of a concession, which ran out in 2012.
The winner of the new tender will have to commit to a US$13m investment in civil works and equipment, plus maintenance of the existing workforce.
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