Government of Cabo Verde cancels international tender awarded to Portuguese group

31 July 2017

The Cape Verdean government has cancelled the international tender for the sub-concession of shipyard company Cabnave – Estaleiros Navais de Cabo Verde, a company based on the island of São Vicente, which had been awarded to ETE – Empresa de Tráfego e Estiva de Portugal, according to an official statement.

The proposal presented by the Portuguese group had been selected by the previous government for the next phase of the privatisation process of this shipyard facility, which would be negotiation of the agreement between the parties for its exploration.

Saying that the next phase had not started, the statement released on Friday in Praia said “the new government, chosen by the elections of 20 March, 2016, suspended the process to … see if the strategy defined was aligned with the government’s vision for the maritime sector and specifically for the island of São Vicente.”

The new government’s vision and strategy for the sector envisages integrated development of the maritime economy, centred on the island of São Vicente, through a Special Economic Zone, including the entire port area of ​​Porto Grande, including Cabnave.

The statement ends by saying that the government has concluded that Cabnave’s sub-concession process does not meet the requirements of the new framework set out for the sector and for the Island of São Vicente and has therefore been cancelled.

The ETE Group was founded in 1939, and as well as Portugal, has a presence in other European countries as well as in America and Africa, acting in areas such as maritime transport, port operations, ship engineering and repair, logistics operation and as a shipping agent. (macauhub)