Institutional Arrangement
Investment Cycle
1
2
3
4
5
6
7
8
9
10
1
Planning
SCT establishes short, medium and long term sectorial programs for ports infrastructure development, based on the objectives and strategies defined by the National Development Plan and the National Infrastructure Program. The principal objectives are to: a) encourage the creation of two complementary port systems; b) promote the development of four world class ports; c) improve the connectivity of internal ports; and, d) expedite customs and fiscal services, and improve port captaincy management.
2
Identification
SCT identifies required port infrastructure, in accordance with planning documents. Unsolicited proposals of PPP projects must be aligned to national and sectorial plans.
3
Structuring
The Port Administration and Development General Direction prepares, by itself or by means of third parties, the necessary pre-investment studies and analysis, required for the development of port and merchant navy projects.
4
Registration
For those projects that require federal funds, SCT presents a registration application to the Investment Unit of the Ministry of Finance (whether funded with fiscal budget or by the National Infrastructure Fund or FONADIN).
5
Prioritization
The CIGFD will evaluate the projects that require the allocation of federal funds, and will decide its inclusion in the draft of the annual expenditure budget. Additionally, this commission will determine the prioritization of the projects based on: a) socioeconomic profitability; b) its impact in extreme poverty reduction; c) regional development, and d) concurrence with other programs and investment projects.
6
Authorization
- Projects that require federal funds are authorized by by the House of Representatives.
- Projects with funding from FONADIN are authorized by the Fund.
- The IU will issue an opinion of economic viability for those projects that do not require public resources.
7
Promotion
The Ports and Merchant Navy General Coordination and the Port Administrations are the entities responsible for the promotion of the projects.
8
Bidding
The bidding process is responsibility of The Ports and Merchant Navy General Coordination and/or the Port Administrations, and it must be registered in CompraNet.
9
Financing
The bidding process is responsibility of The Ports and Merchant Navy General Coordination and/or the Port Administrations, and it must be registered in CompraNet.
10
Execution and Operation
Carried out by the Port Administrators (operators), under the surveillance of SCT, according to contract terms.
