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STI will invest more than US $ 40 million to extend its concession in the port of San Antonio to 2030

#San #Antonio #Terminal #Internacional (STI) announced this morning that the negotiation process had concluded and a new investment plan was agreed with #Puerto #San #Antonio that, once finalized, will allow the concession to be extended for another five years.

#Through a statement, the firm specified that the award that lasted until 2025, will continue until 2030 and about US $ 44.3 million will be invested in improvements.

“#For #Puerto #San #Antonio, this decision is a powerful sign of confidence in the port system, in all its workers and in the #Chilean economy, even more so when it takes place in the midst of a pandemic and just when reactivation processes are needed,” said STI.

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The agreement contemplates replacing the construction of an esplanade, initially considered in the possibility of extension, by contributions of equipment, infrastructure and technology, which will allow to improve the conditions of ITS in three axes: pier, patio and gate, increasing the capacity in about 30%, reaching about 1.6 TEUs / year.

#Two STS and two RTG cranes, six container ships, 26 new tractors, eight chassis, new civil infrastructure and technology works were considered. #And in addition, the start of investments is foreseen for 2021, which must then be received and approved by #Puerto #San #Antonio at the end of 2024.

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#STI #invest #million #extend #concession #port ##San ##Antonio

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