Economy May 31, 2019 | 1:34 pm

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Dominican Govt. looks to privatize four ports

Boca Chica

Santo Domingo.- The Government is studying the privatization of four of the State’s eight ports in a Public-Private Partnership (APP), Dominican Port Authority (Apordom) director Víctor Gómez Casanova revealed Thurs.

He said that after the electricity and tourism sectors, ports have become the third in investments, “contributing significantly to the country’s economic development.”

Interviewed by El Nacional, the official said Manzanillo, Barahona, San Pedro de Macoris and Boca Chica ports are being evaluated for privatization.

In Boca Chica’s case, Gómez said the Gov. studies three offers from private investors, one of which would convert the Andres pier into a cruise port, opening a route to Mayagüez, Puerto Rico.

“The Dominican port sector needs more investments under the Public-Private Partnership (PPP) model, so at this moment is under study to grant the privatization of the ports of Barahona, Manzanillo, San Pedro de Macoris and Boca Chica.”

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