History

In 1976, the National Government delegated to the CVC (Valle del Cauca Corporation) to manage the project that at that time was called “Buenaventura Development Plan” and that later was extended by coverage to the entire Pacific coast with the name of PLADEICOP.

In development of the PLAIDECOOP program, the CVC acquired a lot adjacent to the “El Aguacate” stream for the construction of a fishing and logging dock since Buenaventura did not have a public infrastructure that would bring together the fishing activity of the sector. Unfortunately, the subprogram of the fishing wharf was the only one that the CVC could not socialize due to several inconveniences, which caused the project to be postponed indefinitely.

In 1989 the CPI was formed, “Complejo Portuario Industrial”, a mixed company formed by the CVC, government entities and local investors that began to give a deeper insight into the possibilities of building a commercial and industrial complex with a wide coverage.

Later in 2004, the Pacific organizational group, GEPSA, joined as a member of the CPI and dynamically promoted the essential bases of the organization, such as the project designs, the environmental license and the Concession Contract with the State, as well as the achievement of a strategic and commercial partner, which at the time was the GRUP MARÍTIM TCB with whom the investor cadre of the TCBUEN SA organization was completed. and the construction and implementation of phase I of the project began with the endorsement of international banking.

Construction work began in August 2008 and began Maritime Operations on January 27, 2011. The Container Terminal Port Company of Buenaventura S.A, is located in the commune No. 5, with an area of ​​influence in the neighborhoods of Miramar, Santa Fe, Inmaculada, Santa Cruz and Punta del Este. Since the project TCBUEN S.A. has generated good relations with the surrounding neighborhoods. In the social part, we worked in three important areas: Land acquisition and resettlement plan, Mangrove compensation plan and Fishermen compensation plan. During the first phase, more than 900 jobs were generated during the construction phase.

The Terminal has a Port concession for 38 years, it is authorized as a Public Port and Depository, Special Permanent Service Free Zone, as well as same, has all the regulatory permits to offer the port service to Colombian Foreign Trade.

TCBUEN S.A. is a limited company formed by a group of main shareholders: GRUP MARITIM TCB, (Container Terminal of Barcelona) and the GEPSA group (Grupo Empresarial del Pacífico), which hold about 86% of the share capital. The CVC, Gobernación del Valle, the Municipality of Buenaventura and more than 900 local shareholders make up the shareholding of TCBUEN S.A.

For the financing of the project, the international bank that financed 70% of the investment was counted. Among the funders are: West Bank LB-Germany, Banco Espírito de Santo, Portugal, IFC, CIFI and CAMIF. The total investment of the project amounted to 238 million dollars, of which 75.8 million dollars were invested in the dredging of the canal that was carried out by the firm Jan de Nul of Belgium, in which a mixed suction technique was combined and cut. In the civil works, the construction company Colpatria was counted and 40 million dollars were invested in port equipment.

In 2014, TCBUEN began with the Phase II project, which aimed to expand storage capacity, from 338,000 to 650,000 TEUS / year. This investment was financed by the International Banking plus own funds for a total amount of 156 million dollars. The work was completed in 2015 by the Consorcio Mota Engil Colombia S.A.S – C3 Construcciones y Contratos S.A.S – Constructora CRP S.A.S.

In March 2016 the company APM Terminals acquired the company GRUP MARITIM TCB, which together with GEPSA registered 90% of the Company’s share capital.