The region needs US $ 55,000 for port plans until 2040 | Trade | Economy | Peru

The maritime sector and port of Latin America requires an investment – both public and private – from 55 billion US dollars in the next two decades to make the leap in competitiveness, revealed the report Analysis of port investments in Latin America and the Caribbean by 2040, made by CAF -bank of Latin America.

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

Half of the investments identified in the medium term one year 2025 the total amount of which amounts to 15 000 million dollars, is on the port markets of Mexico (25%), Brazil (13%) and Panama (12%). For their part, Brazil and Argentina need ambitious dredging plans that represent most of the investments planned in both countries.

In the meantime, Colombia would require by 2025 an investment of US $ 1,610 million (10%), Argentina of US $ 1,419 million (9%), Chile of US $ 1,399 million (9%) and 19459004 Peru of 1945 In addition, in the CAF study, it is specified that, in the long term, the investment needs exceed 50 000 million US dollars for the year 2040 (8%) and Ecuador 922 million dollars (6%). new, Mexico (24%), Panama (16%) and Brazil (13%) stand out

With regard to investment opportunities in new port container infrastructures for the period 2016- 2040, in fourth position it is located in Peru because it will require about 5,519 million US dollars (11%), followed by Chile 5,109 million dollars (10%), Colombia 4,840 million dollars ( 10%) and Ecuador US $ 2,728 (5%). ] "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 in fact As the expected increase of PBI the diversification and industrial technification, strengthening the service sector, improving logistics corridors, among others ", said Rafael Farromeque, senior specialist of the vice president of infrastructure of CAF and author of the report

He added that "- accompanied by a modernization of the port – will triple the current traffic and will exceed 150 million TEU (unit of maritime transport capacity), will increase from 6 to 20 additional ports of 2 million TEUs, to take charge of new generation ships at full load in the main nodes, be part of the main shipping routes directly connected to all markets and develop massive l cabotage and river traffic. "

CLOSE GAPS

Latin America and the Caribbean will have to fill a gap between demand and container handling capacity offered in ports The long-term gap is mainly concentrated in the sub-regions. maritime regions of Mexico (20%), the South Pacific (26%) and Central America and the Caribbean (35%)., these three regions are also the first to exceed the recommended level of saturation ( > 80%) from 2017.

"The challenge is to move forward in modernizing the port system from a network perspective that encompasses the entire regional port system and offer 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, with the participation of the international economic authorities.