The port of Valparaiso will double its capacity
Chile
Saturday 20 July 2013
FJ
The port of Valparaiso will outgrow that of San Antonio and become the largest port in Chile.
With the anticipated expansion Valparaison will become the largest port in Chile.
The port of Valparaiso plans to double its capacity by 2017. The necessary investments private and public, will reach $ 507 million U.S. for the consturction of a second terminal.
The second terminal will be similar in size to the existing port and increase the capacity of Valparaiso to 22 million tonnes of cargo and 950,000 TEUs. This project aims to reposition Valparaiso as a leader in the port market and enhance the competitiveness of of Chile. Since 2011, the Chilean government has invested more than U.S. $ 1.8 billion to increase the capacity of Chilean ports.
source : seatrade global com