Thursday, June 13, 2013

The Ministry of Public Works announces a reduction in port fees

The Minister of Public Works, Ana Pastor, has announced a package of measures that includes a reduction of port taxes. With these measures, the Ministry is attempting to contribute to the adjustment of prices demanded by the export sector, "without putting at risk the self-sufficiency of the port authorities".

This is how Pastor put it during the inauguration of the new container terminal in the port of Santa Cruz de Tenerife, and explained that the objective of these measures is to make it easier for the companies and the ports to achieve their objectives regarding competitiveness, infrastructures and the relationship between quality and cost.

Besides the revision of the fees, the head of the Ministry indicated that these measures include the revision of certain conditions that regulate the concessions in the ports, with the aim to reduce their financial difficulties and favor their competitiveness in the market, for example "by revising the conditions when the results haven´t been as expected", she clarified.

As a third measure, the package includes the elimination of obstacles that are still related to the port services, and which, in her opinion reduce "in many cases" the competitive edge of these infrastructures.

Read the complete article in Ultima Hora.

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