Argentina earmarks $118m for BA port improvements
Argentina’s central government and the regional administration in Buenos Aires are to invest $118m in ports in the Buenos Aires metropolitan region to boost their competitiveness.
In 2016, these ports handled 35% of all national exports, worth a combined, $18bn.
Javier Tizado, the province’s production minister, noted that upgrading roads, ports and inland waterways would improve overall logistics costs, an area that has yet to be properly tackled.
Tizado’s department is currently overseeing dredging works in the majority of the province’s ports. External financing of $18m has so far been invested to fund 13 civil works in the ports of San Nicolás, Dock Sud and La Plata, all of which will commence before the end of the year.
A further $100m in financing will come from central government to upgrade access to the ports of San Pedro and Coronel Rosales, while other work is scheduled at Quequén and Mar del Plata.
LATEST PRESS RELEASES
Our new office in Spain is not even a year old and we already celebrate two successfully completed i... Read more
Montreal, QC, June 20, 2018 — At TOC Europe 2018 (Stand D40), CM Labs Simulations, the world leader ... Read more
ShibataFenderTeam has a new welding supervisor for the steel fabrication at our production facility ... Read more
Since 2012 ShibataFenderTeam fenders support the smooth berthing operations from VABI in Surinam. Read more
Exis Technologies, with the support of leading shipping and freight insurers, TT Club and UK P&I Clu... Read more
The exhibition series ‘Intermodal Africa’ organized by Transport Events is always a good possibility... Read more