Guatemala invests to eliminate port congestion
The government of Guatemala must invest $133m into its ports’ network in order to reduce congestion and improve operations at existing terminals, according to officials.
Normally, the nation's ports operate at up to 50% of average capacity but are touching 60% and becoming less efficient as a result.
However, the government has confirmed that both port authorities — at Puerto Quetzal and at Santo Tomás de Castilla — are working to a master plan.
Hector Recinos, vice minister at the Ministry of Communications, said that the plan consists of “the creation and expansion of docks that will be implemented in the coming years, derived from projections in the growth of foreign trade".
Empresa Portuaria Quetzal will build an extension to its existing docks and also deepen draft to 14 m. Meanwhile, Santo Tomás de Castilla will build a specialist container terminal to cater to its main traffic segment.
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