Chile: Port of San Antonio to receive multimillion-dollar investments

The San Antonio Port Company (EPSA) reported that, after meeting the investment conditions agreed in 2020, San Antonio Terminal Internacional (STI) will extend its concession contract until January 1, 2030 (corresponding to the second extension since the concession originally ended in 2020). In this regard, STI's general manager, Andrés Albertini, commented that in recent years they have deployed an intensive investment plan of USD$ 66 million, "of which US$ 47 million are within the framework of the extension of the concession, which not only allows us to continue in charge of the operation of the port, but also to continue providing an excellent and safe service for foreign trade, positioning San Antonio Terminal Internacional as the most efficient and important port in the country and one of the most relevant in the Southern Cone." For his part, the general manager of Puerto San Antonio, Ramón Castañeda, specified that the extension of the STI concession is the result of the ...