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  3. PORT OF SALAVERRY RECEIVES PORT FINANCING OF THE YEAR AWARD FROM THE "LATINFINANCE AWARDS"
NEWS
THREE STAKEHOLDERS PRESENT CREDENTIALS TO MODERNIZE THE HUANCAYO - HUANCAVELICA RAILWAY PROINVERSIÓN PROMOTES PPP PORTFOLIO IN SANITATION FOR MORE THAN US$ 2.2 BILLION THE NEW MARCONA PORT WOULD BOOST INVESTMENTS OF MORE THAN US$ 15 BILLION IN THE SOUTH OF THE COUNTRY MTC COMMISSIONS PROINVERSIÓN A STUDY TO PROMOTE THE SUSTAINABLE BACK NETWORK MTC COMMISSIONS PROINVERSIÓN 20 ROAD AND TWO PORT PROJECTS FOR MORE THAN US$ 3.5 BILLION EIGHT BIDDERS PRESENT CREDENTIALS TO PREQUALIFY FOR THE LONGITUDINAL DE LA SIERRA HIGHWAY SECTION 4 USERS OF THE VILLA EL SALVADOR EMERGENCY HOSPITAL WILL RECEIVE QUALITY SERVICES PROINVERSIÓN INCORPORATES THE TRUJILLO AND CHEPÉN WWTP PROJECT TO THE PROMOTION PROCESS PROINVERSIÓN PROMOTES PERIPHERAL RING ROAD TO POTENTIAL INVESTORS IN EUROPE MINDEF WOULD ENTRUST PROINVERSIÓN WITH THE AWARD OF A SPACEPORT IN TALARA FOR MORE THAN S/ 1 BILLION PROINVERSIÓN CALLS FOR BIDS ON FOUR ELECTRICITY PROJECTS FOR US$ 137 MILLION PROINVERSIÓN PROMOTES THREE INVESTMENT ATTRACTION MECHANISMS TO STRENGTHEN CONFIDENCE IN PERU THE MINISTRY OF TRANSPORT AND COMMUNICATIONS ENTRUSTED PROINVERSIÓN WITH A NEW PORTFOLIO OF PPP PROJ PROINVERSIÓN: PPP PORTFOLIO IN HEALTH 2024-2025 AMOUNTS TO US$ 700 MILLION 1071 LEGAL STABILITY AGREEMENTS FOR US$ 16,000 MILLION HAVE BEEN SIGNED SINCE THEIR IMPLEMENTATION PROINVERSIÓN STARTED FOURTH UNIVERSITY EXTENSION COURSE IN PPP PROINVERSIÓN: 10 PROJECTS FOR US$ 433 MILLION ACCESSED TO THE SPECIAL REGIME FOR RERAIGV IN 2023 PUBLIC ENTITIES PLAN TO AWARD MORE THAN S/ 1,000 MILLION IN WORKS FOR TAXES IN 2024 PROINVERSIÓN OBTAINS ISO ANTI-CORRUPTION CERTIFICATION PROINVERSIÓN EXPECTS TO AWARD EIGHT ELECTRICITY PROJECTS FOR US$ 700 MLL IN THE FIRST HALF OF 2024 WORKING WITH OTHER STATE ENTITIES TO ENSURE SUSTAINABLE PPP PROJECTS THE AGREEMENT UNITED AGAINST ANEMIA AND CHILD MALNUTRITION THROUGH WORKS-FOR-TAXES WAS SIGNED PROINVERSIÓN IS THE NATIONAL CONTACT POINT FOR THE RESPONSIBLE BUSINESS CONDUCT OF THE OECD PROINVERSIÓN: MINDEF PLANS TO EXECUTE 12 PROJECTS FOR MORE THAN S/ 780 MILLION THROUGH OXI PUNO BETS ON PUBLIC-PRIVATE INVESTMENT AND PRESENTS 23 PROJECTS FOR MORE THAN S/ 4,000 MILLION PROINVERSIÓN: VIETTEL PERU WILL EXTEND 4G MOBILE SERVICES TO MORE THAN 3,800 RURAL LOCATIONS PROINVERSIÓN PROMOTES ANCON INDUSTRIAL PARK PROJECT IN BEIJING WORKS FOR TAXES: GORE MOQUEGUA AND SOUTHERN PERÚ WILL IMPROVE SCHOOL WITH S/ 76.8 MILLION THIS MONTH MTC WILL CALL FOR TENDER FOR THE SANTA ROSA BRIDGE THAT WILL CONNECT TO THE JORGE CHÁVEZ MODERNIZATION OF THE HIPÓLITO UNANUE HOSPITAL TO BE DECLARED VIABLE IN THE FIRST QUARTER OF 2024 PROINVERSIÓN EXPECTS TO AWARD EIGHT PPP PROJECTS FOR UP TO US$ 5,700 MILLION. IN THE NEXT SIX MONTHS PROINVERSIÓN WILL AWARD TWO ELECTRICITY PROJECTS FOR ABOUT US$ 800 MILLION IN OCTOBER PROINVERSIÓN SIGNS AGREEMENTS TO PROMOTE PROJECTS IN ASSETS IN AREQUIPA RESOURCES FROM GORES, LOCAL GOVERNMENTS AND PUBLIC UNIVERSITIES FOR OXI GROW TO MORE THAN S/ 25,000 PROINVERSIÓN STRENGTHENS ACTIONS TO ATTRACT INVESTMENT ABROAD FOR PPP PROJECTS IN PERU 10 MTC PROJECTS PER S/ 2,000 MILLIONS ARE READY TO BE FINANCED BY COMPANIES THROUGH OXI PROINVERSIÓN ORGANIZES ROADSHOWS IN MEXICO AND CHILE TO ATTRACT INVESTORS TO PPP PROJECTS PROINVERSIÓN ACHIEVED OVER US$ 1,000 MILLION INVESTMENT IN SIX AWARDS IN I SEMESTER 2023 VIETTEL PERU WILL INVEST AROUND US$ 600 MILLION TO CONNECT RURAL AREAS WITH 4G SERVICES PROINVERSIÓN MANAGED AND AWARDED 103 PROJECTS IN ASSETS FOR MORE THAN US$ 7,500 MILLION METRO LINE 1 WOULD PROPOSE TO INCREASE DAILY TRANSPORT CAPACITY TO ONE MILLION PASSENGERS LIMA PROVINCES REGION HAS S / 370 MILLION TO EXECUTE INVESTMENTS VIA WORKS FOR TAXES PROINVERSIÓN: 2023 WOULD BE A RECORD YEAR OF AWARDS THROUGH WORKS FOR TAXES PORTFOLIO IN PROMOTION THROUGH OXI CONSISTS OF 371 INVESTMENTS FOR MORE THAN S/ 13,000 MILLION PROINVERSIÓN WILL AWARD THE CONTRACT FOR THE ESSALUD HOSPITALS IN THE SECOND QUARTER OF 2023 CAPITAL EXPENDITURE IN THE LA GRANJA MINING PROJECT GROWS TO MORE THAN US$ 2,400 MILLION PROINVERSIÓN WILL AWARD 10 ELECTRICITY TRANSMISSION PROJECTS FOR US$ 1,100 MILLION IN 2023 PPP INVESTMENTS IN PORTS WILL EXCEED US$ 3,500 MILLION PROINVERSIÓN PROMOTES THE DEVELOPMENT OF THE CAJAMARCA WWTP PROJECT WITH AN INVESTMENT OF US$ 58 MIL PROINVERSIÓN: MORE THAN S/ 620 MILLION WILL BE AWARDED IN 2023 IN WORKS FOR TAXES PROINVERSIÓN: UNSOLICITED PROPOSALS PRESENTED TO MODERNIZE THE PORT OF CHIMBOTE ACCIONA CONCESIONES WAS AWARDED THE TWO ELECTRICITY PROJECTS PROMOTED BY PROINVERSIÓN

PORT OF SALAVERRY RECEIVES PORT FINANCING OF THE YEAR AWARD FROM THE "LATINFINANCE AWARDS"

October 12, 2021. Lima, Peru.- The modernization of the Salaverry Multipurpose Port Terminal, located in the department of La Libertad, has marked a new milestone, after receiving recognition in the Port Financing of the Year category of the Projects & Infrastructure Finance awards granted by the prestigious LatinFinance magazine, reported PROINVERSION.

Unlike previous port projects, the new financing scheme meant that the concessionaire could start its work with the agreement of PROINVERSIÓN to the accreditation of the Financial Closure for the execution of the Mandatory Investment Works for Stages 1 and 2 of the concession for the modernization and development of the Salaverry Multipurpose Port Terminal, awarded to Salaverry Terminal Internacional S.A., a subsidiary of Tramarsa, on May 31, 2018.

The accredited financing consisted of a syndicated loan totaling up to US$ 132 million and a term of eight years. Banco Santander (exclusive financial advisor of Tramarsa), Itaú Corpbanca New York Branch and Banco BBVA Peru participated as lenders in the transaction, which allowed the port of Salaverry to become one of the infrastructure investments projects that sets a precedent for the rapid execution of works and its direct impact on the economic development of the region.

For Luis Del Carpio, project director of PROINVERSIÓN, the experience was very positive, as it allowed to align capacities with all the parties involved. "Our concession is a new generation contract, which includes guidelines for the development and financing of projects," he said.
"Our team had to work side-by-side with the banks, PROINVERSIÓN and other agencies so that construction could begin as soon as we had the financing," said Tramarsa's finance director, César Pasco. "Normally, first all the licenses are in place and then a project is financed, but this time we work all on parallel roads," he added.

PORT MODERNIZATION

The project consists in the design, financing, construction and operation of the Salaverry Port Terminal. In just three years of concession, Salaverry Terminal Internacional S.A. has already managed to execute 85% of the modernization project covering the works estimated for the first five years of the concession with an investment of about S/ 500 million. This package of works also includes components contemplated in stages 3 and 4, which have been executed as partial advances by the concessionaire.

To this is added the implementation of the 'Shore-Tension' technology with which the port has managed to reduce closures by 80% due to anomalous wave conditions, thus going from 103 days a year in 2018 to 25 days in 2019 and 22 days in 2020. Through this modern technology, the port of Salaverry is one of the few in Peru that can operate ships in unfavorable weather conditions guaranteeing the safety of the operation.
Due to this modernization process, the port also has specialized equipment such as front loaders, fleet of trucks, and two multipurpose mobile cranes of 100 MT for unloading and shipments of freight moved.

The modernization of Salaverry allows to meet the load of agro-export, grains, mining production, among others. This will strengthen foreign trade in its area of influence, which includes the regions of Ancash, La Libertad, Lambayeque and Cajamarca, boosting the economy and generating direct and indirect employment for local and regional population.

It should be noted that this financing scheme is part of the Public-Private Partnership (PPP) modality, which guarantees quality infrastructure and public services during the concession period.

For more information about Public-Private Partnerships (PPPs), visit https://www.investinperu.pe/en/projects/ppa-in-peru