Empormontt, operator of the southern Chilean port of Montt, is to build a $50 million general purpose terminal, which will partially handle dry bulk traffic. It will be offered as a concession, with a tender to be issued by the second half of this year with a view to commencing operations by 2015.
The terminal will be built at Panitao adjacent to the existing port. The new facility will help free up existing installations for other purposes and also relieve rising levels of congestion.
For the current year, Puerto Montt is expected to handle 1mt of cargo, which should rise as more agricultural and manufacturing industry moves in the area.