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Emerging Economies

Thursday, 10 September 2015

Bolivia mulls $2bn Port at Tacna

Bolivia’s government has reportedly commissioned feasibility studies into the development of a proposed $2 billion megaport at Tacna on Perus seaboard.

Russian president Vladimir Putin used his recent address at the Eastern Economic Forum in the Vladivostok to call for increased Asian investment in planned port development projects in the Far East.

Ports in the Black Sea region suffered a net fall in container volumes of  13.1% in the first half of this year with 1.2 million TEU handled in total, according to data from research firm Informall.

A consortium of French and Chinese developers has been awarded the concession to operate Cameroon’s 1.4 million TEU Kribi container terminal.

The Port of  Rotterdam Authority has announced plans to collaborate with the Indonesian Port Corporation Pelindo I to develop a new deepwater port at Kuala Tanjung.

Increased investment in Morocco’s port sector has helped drive up volumes of exports to Brazil, with authorities at the Brazilian Port of Rio Grande reporting that Morocco ranked second-highest for  imports to the port in the first half of 2015, accounting for 340,390 tonnes.

Danish port operator APM Terminals is reported to be considering an investment of $2.1 billion to develop a new African megaport at Badagry  in southern Nigeria.

Netherlands-based port operator APM Terminals has announced a $200 million investment in the Port of Cartagena, Colombia’s busiest port. The funding will be supplied as part of a joint venture with local firm Compañia de Puertos Asociados S.A. (Compas S.A.).

The governments of Myanmar and Thailand have signed concession agreements for the Initial Phase Development of the Dawei Special Economic Zone (SEZ) in the south of Myanamar’s Taninthayi region.

Brazilian authorities are reportedly progressing plans to develop the $447 million Port Pontal project in Southern Brazil which will potentially create the largest container warehousing area in the country, according to comments from Ricardo Bueno Salcedo, director of Pontal harbor to local news agency Portos e Navios .

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