Jan De Nul has announced the signing of a 25-year concession agreement with the Municipality of Guayaquil, Ecuador, for the deepening of a 95 kilometre-long access channel to the Port of Guayaquil.
The contract, awarded on October 5, 2018, was officially signed at a ceremony on December 5.
Under the agreement, Jan De Nul will finance capital dredging works to deepen the existing access channel, guaranteeing a new authorized draught of 12.5 metres, as well as deepening the Guayas River to an authorized draught of 7.5 metres.
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In addition to this, Jan De Nul will also remove the rock in the channel’s offshore section, a bottleneck known as ‘Los Goles’.
At the same time, a modern Vessel Traffic Service system and toll collection system will also be installed.
According to a statement, the capital dredging works in the maritime channel will be executed in less than 12 months, while the dredging of the Guayas River will be completed within three years.
— Jan De Nul Group (@jandenulgroup) December 6, 2018
Following the completion of the deepening project, Jan De Nul will operate and maintain the channel under a 25-year performance-based contract.
Jan Neckebroeck, Area Manager for Latin America at Jan De Nul, commented: “This new challenge will firmly position Jan De Nul Group along the Pacific coast of Latin America.
“We are proud to be part of this contract, giving Guayaquil Port Terminals the boost to compete with the most modern terminals in neighbouring countries, offering competitive logistic solutions to the benefit of the Ecuadorian economy and its population.”