STI will invest $44.3m to extend its concession in the port of San Antonio to 2030

San Antonio International Terminal (STI) concluded the negotiation process and agreed on a new investment plan with Puerto San Antonio that will enable it to extend the concession for five more years. The award will continue until 2030 and about $44.3 million will be invested in improvements. The agreement considers replacing the construction of an esplanade which will allow improvement of ITS conditions in three axes (quay, yard and gate), increasing capacity by nearly 30%. Investments are expected to start in 2021.

Source: EMOL