Investment regenerate Central American ports in bid to remain competitive
Monday, August 30, 2010
Ports in Central America are investing as a means of remaining regionally competitive, according to the Central American Commission for Maritime Transport (Cocatram).
The organisation notes that for 2012, the ports of Santo Tomás de Castilla on the Atlantic coast of Guatemala will operate with four specialist terminals, requiring $300 million in investment.
Meanwhile, in El Salvador, the port of La Unión opened in June at a cost of $185 million.
Original source: Port Strategy