Ecuador's Guayaquil Terminal (TGM) Completes Technical Mission Funded by BID and GIF
2026-06-21 10:27
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en.Wedoany.com Reported - Ecuador's Guayaquil Multipurpose Bulk Terminal (TGM) completed a technical mission funded by the Global Infrastructure Fund (GIF) and the Inter-American Development Bank (BID), aimed at advancing the design of the economic, financial, and technical structure for a Public-Private Partnership (PPP) project transaction.

Representatives from the Ministry of Infrastructure and Transport (MIT), the Port Authority of Guayaquil (APG), BID, GIF, and TGM, along with specialized technical teams in legal, financial, commercial, environmental, and infrastructure fields, participated in this event.

The mission visited the terminal facilities, followed by technical working meetings where teams analyzed strategic issues related to the initiative's development.

The Ministry of Infrastructure and Transport and the Port Authority of Guayaquil stated that the project is currently in the pre-feasibility study phase, with the goal of advancing the design of the PPP structure to attract investment, strengthen port operations, and align with international standards.

The Guayaquil Multipurpose Bulk Terminal (TGM) is a port infrastructure project that will adopt a Public-Private Partnership (PPP) model, encompassing the design, financing, construction, equipment procurement, maintenance, and operation of the terminal.

This initiative aims to enhance the bulk and multipurpose cargo handling capacity of the Guayaquil port system through a new operational framework, thereby attracting investment and improving services related to Ecuador's foreign trade. The project is part of a strategy to increase the efficiency, sustainability, and competitiveness of the port system, contributing to the development of Ecuador's logistics and commercial activities.

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