11242017Headline:
5 Green Reasons Costa Rica Is the Poster Child of the Environment 4 years ago
Have You Tried Guanacaste’s Fastest Growing Sport? 4 years ago
Was Your Costa Rican Bank Account Closed? 4 years ago
Latin America Investment News on Viva Tropical

$600 Million Investment in Container Port at Isla Margarita Free Zone

Article Summary:

The Container Terminal at Isla Margarita Free Trade Zone is expected to complete its first phase by 2014, and after a projected investment of approximately $600 million, will boost the development of value-added services for the maritime industry, such as maintenance of Post Panamax ships.

Photo Credit: Capital

Original Article Text From Capital via Google Translate :

Container Terminal will generate significant investment in Margarita Island Zone

The development project for the construction of the container terminal with three berths in the Free Zone Margaret Island on the Atlantic side of Panama (Colon Province), in its first phase will generate around 1,000 jobs and 3,000 jobs indirect, said Vice Minister of Foreign Trade, José Pacheco Tejeira.

The official, who was in the Margarita Island Zone, accompanied by company executives Panama Port Columbus Inc., developer of the project noted that the terminal will have the specialized equipment for maintenance to boats Panamax and Super Post Panamax at a time when jobs are moving to expand the Panama waterway.

The Container Terminal at Margarita Island Free Trade Zone is expected to be completed the first phase by 2014, and after a projected investment of approximately $ 600 million, and will allow a capacity of approximately two million TEUs / year.

The representative of MTI considered relevant to the services to be added from the Margarita Island Zone will generate added value, and other services to the maritime industry.

Link to Original Article:

From Capital

Latin America Investment News on Viva Tropical