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

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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.”

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