Following the new investment by the Turkish company Yilport Holding Inc, the President of the Comisión Ejecutiva Portuaria Autónoma (CEPA), Federico Anliker, indicated that the first phase contemplates an investment of US$709 million and will be executed in the first five years. He also clarified that this alliance does not constitute a concession or privatization, but a joint venture that will allow CEPA to continue operating both ports for the next 50 years.
In the first phase of this ambitious project, US$50 million will be allocated to modernize the port of Acajutla, with works that will include the construction of a new specialized dock for containers, 510 meters long and 250 meters deep, as well as a new container yard and refrigerated warehouses. These improvements, which will address the port’s most urgent needs, are scheduled to begin at the end of this year.
The port of La Unión will also undergo significant improvements. With an investment of US$75 million, the port will be dredged and new equipment will be acquired, which will improve its operability and capacity to handle a greater volume of cargo.
Anliker emphasized that Turkish investors have recognized the enormous potential of salvadoran ports, as well as the logistical opportunity that El Salvador offers at the global level. This project is part of a broader vision that seeks to position the country as a logistics hub in the region, beyond being a domestic terminal.
Finally, the official reaffirmed that the salvadoran State will maintain ownership of the maritime terminals, guaranteeing national sovereignty over these key infrastructures. These initiatives are part of phase 3 of the Economic Plan for El Salvador, which contemplates a total investment of US$1,615 million to modernize the country’s ports, with the aim of making them more efficient and competitive in the region.