The maritime port sector of Latin America will require an investment of 55 000 million dollars according to the CAF

By Redacción PortalPortuario.cl

@PortalPortuario

To make the leap in competitiveness in the maritime and port sector of Latin America requires public and private investment of $ 55,000 million during of the next two decades, reveals the report of analysis of port investments in Latin America and the Caribbean by 2040, carried out by CAF-Latin American Development Bank

This figure, according to the document, includes investments to introduce new port capacities, improve operation and deepen dredging in port nodes in the short and medium term, among others.

CAF explained in a statement that half of the investments identified in the medium term, totaling $ 15,000 million, are in the port markets of Mexico (25%), Brazil (13%) and Panama (12%). %). Brazil and Argentina require ambitious dredging plans that account for most of the investments planned in both countries, says CAF

In the long run, investment needs exceed USD 50,000 million. 39; here 2040. Again, Mexico (24%), Panama (16%) and Brazil (13%) excel, is detailed in the study.

"The 2040 vision of the maritime and port sector in Latin America and the Caribbean allows us to glimpse an attractive context for investors, based on factors such as the expected increase in GDP, diversification and industrial technification, strengthening of the service sector, the improvement of logistics corridors, among others, which, with a modernization of the port, will exceed 150 million current EVP, have more than 20 ports of more than 2 million TEUs (currently there are only 6), assist new generation vessels at full load at the main nodes, are part of the connecting sea lanes with direct connections to all the markets and develop cabotage and river traffic, among others ", explains Rafael Farromeque, Senior Specialist of CAF's Vice-Presidency Infrastructure and author of the report.

Latin America ne and the Caribbean will have to bridge a gap between the demand and container handling capacity offered in the ports of 113 million TEUs in 2040. This long-run gap is mainly concentrated in Mexico's maritime subregions ( 20%), South Pacific (26%) and Central America and the Caribbean (35%), these three regions being also the first to exceed the recommended saturation level (> 80%) in 2017. [19659005] "The challenge is to move forward in the modernization of the port system from a network perspective that encompasses the entire regional port system and offers a long-term vision. The modernization of port infrastructures should be accompanied by a reinforcement of governance models, the deployment of specialized logistical infrastructures and the securing of land and maritime accessibility, knowing that these aspects benefit. still a large margin of development in most port areas. ", Added Farromeque.

Investment opportunities in the maritime and port sector in Latin America will be presented at the Conference of CAF: Infrastructure for the Integration of Latin America, which is will be held on 16 July at the Casa de América in Madrid, Spain.