Buenos Aires invests $2 billion to ensure its ports are world class

Post available in: English

The port of Buenos Aires, the principal maritime port of Argentina, has unveiled a modernization plan, with an investment of 1.9 billion dollars over 50 years, to separate cargo and cruise operations

The port of Buenos Aires, the principal maritime port of Argentina, has unveiled a modernization plan, with an investment of 1.9 billion dollars over 50 years, to separate cargo and cruise operations.

The modernization, said Transport Minister Guillermo Dietrich and General Ports Administration controller Gonzalo Mórtola in a press conference, will renew the port with a flexible design, capable of adapting to the needs of the next 50 years in a more competitive manner. Environmental and quality standards will be taken into account.

“Compared to other countries in the region, Argentina is behind in foreign trade development,” said Dietrich. “Our cargo volumes fell in the last 10 years while those in the neighboring ports in Brazil and Uruguay grew.”

(Visited 132 times, 1 visits today)

About Gateway to South America

Established in 2006, Gateway to South America began as a single office in Buenos Aires. Since then, it has grown into a vibrant regional network, providing professional real estate marketing services to clients in Argentina, Brazil, Chile, Paraguay, Peru, and Uruguay. If you enjoy reading our news site, please share it on your social media!

Want an edge on investing in Latin America? Get our Investment News first: Join 39,400 subscribers without cost to our English, Spanish or Portuguese posts for the latest real estate news in LATAM useful for new and experienced investors. Please note, this subscription is for Investment News only, not properties for sale.

Post available in: English

0 POST COMMENT

Make a comment on this post

Your email address will not be published. Required fields are marked *

Real Estate and Investment News from South America
Visit us on LinkedInVisit us on FacebookVisit us on TwitterVisit us on Pinterest