Author: AIVP
On sale date: Thursday, 09 March 2006
Type of document: Press Article
Topic: 1 - PORT DEVELOPMENTS AND INFRASTRUCTURES, 3.05 - privatisation process, 3.03 - local strategy of port development, 2 - PORT CITY AND ECONOMY, 4 - PORT FIGURES
Location:

America : Colombia : Buenaventura
America : Colombia : Cartagena America : Colombia : Barranquilla America : Colombia : Santa Marta

Language: English, French, Spanish


Economic signals in Colombia are on green. The signing of a Free Trade Agreement, presently under discussion with the USA, will surely encourage this trend and attract foreign investors. In the light of this sign of renewed confidence, operators are rediscovering the way to the country : for example Maersk, which has moved its hub from Manzanillo (Panama) to Cartagena. In this port, as in Buenaventura, Baranquilla and Santa Marta, there is an urgent need for investment. The regional port companies concerned have presented their development projects to the government. Start of work on these projects (presented in this file) also depends on negotiations with the government on the renewing of concessions which are in progress. So far only Cartagena has obtained a renewal for 40 years.


Colombia, Special Report :
. FTA puts thriving Colombia firmly back on the map.
. Damen alliance helps Cotecmar in bid to be a shipbuilder.
. Cartagena joins world elite as Maersk moves in.
. Pacific port challenged by security concerns.
. Buenaventura pleads for urgent investment.
. Baranquilla predicts 'golden' times ahead.
. Coal exports on track to continue 'effortless' climb.
. Ports look to renegotiate contracts.
. Towage fleet to benefit from oil and gas sector.
. Coremar aims to cash in on FTA with ambitious Magdalena project.
. Government aids exporters by improving infrastructure.
. Santa Marta eyes container project.
. Shipping specialist Navesco looks to fly the flag for Colombia.
/ RAINBOW, Nelson - Lloyd's List, Friday February 24, 2006, pp. 10-12

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