Region’s ports need $50 billion, says development bank

To meet the demand in the region, an investment of approximately $50 billion in port facilities will be needed through 2040, according to the Development Bank of Latin America.

Fausto Arroyo, chief executive of sectoral programming and analysis for the bank, said that Panama should invest $2 billion by 2025 and $8 billion by 2040.

Source: La Prensa