Concession for private management of Bissau port to be granted in second half

15 March 2007

Lisbon, Portugal, 15 March – The concession for exploration of the commercial services of Bissau port to a private company is expected to be granted in the second half of the year following an international tender, Guinea Bissau’s Transport Minister said Wednesday in Lisbon.

Speaking to Portuguese news agency Lusa, Admiro Nelson Belo said that the Ministry of Transport was preparing the tender document and regulations of the international tender, which would be published once they had government approval.

“As part of the State’s move out of the business sector, the government decided it was necessary to grant a concession, as urgently as possible, for the commercial service,” of the country’s only cargo port, which is currently managed by the State.

“At the beginning of the next half, we will be able to hand over the concession,” said Belo.

On the sidelines of an International Sea Transport Conference, the Guinean minister said that the Port’s viability project had yet to be concluded.

The tender for the project, which includes dragging some areas of the port and providing signalling for the port’s access channel, has yet to be granted and will have funding of 600,000 euros form the World Bank. (macauhub)