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To take the lead in the competitiveness of the marine and port sector in the region, public and private investments of $ 55,000 million are needed over the next two decades, reveals the Port Investment Analysis report in Latin America and the Caribbean . horizon 2040, produced by CAF – development bank of Latin America. This figure includes investments to introduce new container port capabilities, improve operations and deepen dredging in port nodes in the short and medium term, among others.
Half of the investments identified in the medium term The total amount amounts to 15 000 million US dollars in the port markets of Mexico (25%), Brazil (13%) and Panama (12%). Brazil and Argentina need ambitious dredging plans that represent most of the investments planned in both countries. In the long term, investment needs exceed $ 50,000 million by 2040. Again, Mexico (24%), Panama (16%) and Brazil (13%) excel, is detailed in the study.
July 4, 2018 To boost the maritime and port sector in Latin America, we need $ 55,000 million until the end of the war. In 2040
On July 16 in Madrid, Spain, CAF will present the following: Investment opportunities in Latin American integration in the maritime and port sector to fill the gap between the demand and container handling capacity offered in the ports of the region, estimated at 113 million TEU in 2040
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To make the leap in competitiveness in the maritime and port sector of the region requires public and private investments of U $ 55 billion SD in the next two decades, reveals the report "Analysis of port investments in Latin America and the Caribbean by 2040", conducted by CAF-Bank development of Latin America. This figure includes investments to introduce new container port capabilities, improve operations and deepen dredging in port nodes in the short and medium term, among others.
Half of the investments identified in the medium term The total amount amounts to 15 000 million US dollars in the port markets of Mexico (25%), Brazil (13%) and Panama (12%). Brazil and Argentina need ambitious dredging plans that represent most of the investments planned in both countries. In the long term, investment needs exceed $ 50,000 million by 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 see an attractive context for investors, based on factors such as the expected increase in GDP, industrial and technological diversification, strengthening of the service sector, the improvement of logistics corridors, among others, which accompanied the modernization of the port will exceed 150 million TEU (triple the current traffic), Of more than 20 ports of more than 2 million TEU (currently there are only 6), serve the new generation ships be fully loaded in the main nodes, be part of the main shipping routes with direct connections to all markets and massive development of cabotage and river traffic, among others ", explains Rafael Farromeque, Senior Specialist of CAF's Vice-Presidency Infrastructure and author of the report.
Latin America and the Caribbean will have to fill a gap between the demand and container handling capacity in the ports of 113 million TEUs by 2040. This long-term gap is mainly concentrated in the sub-regions Mexico (20%), the South Pacific (26%) and Central America and the Caribbean (35%), these three regions being also the first to exceed the recommended saturation (> 80%) from of 2017.
"The challenge is to advance 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.
Source: FAC
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