The Ministry of Energy and Mining, Erwing Arrieta Valera, said recently the relocation would be the best way to avoid the risks associated to the operation of these terminals, and that the proposal would be presented to President Caldera soon. Once again representatives of Port of La Guaira has announced that it will be privatised before the end of this year. Later on, a technical committee would analyse the documentation making a pre-qualification. The pre-qualified companies will be invited after to visit the Data Room. In a rather optimistic interview a port official has said that bidding process would last two and a half months.
Additional information regarding the terms of the concession is available at request.
The Newsletter is not designed to provide legal advice on the matters referred to, reason for which should you need any assistance or detailed information regarding specific issues dealt with, the firm would be pleased to help you.