Archive | Port Investment

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Brazil Approves US$27 Billion Port Package

Government expects nation’s exports to quadruple by 2030 Brazil’s Congress last week passed legislation that authorizes US$27 billion in investment to improve Brazil’s aging and congested ports. The government said it expects the nation’s exports to quadruple by 2030; its ports are operating at capacity. Under the plan, ports will be open to private investment […]

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GCC invests USD 36 Billion in Port Development

Port investments in GCC Source: The Saudi Gazette, February 16th, 2013 JEDDAH — The GCC countries are allocating $36 billion to further develop their port infrastructure amid increasing foreign non-oil trade volumes. Saudi Arabia is powering ahead with port infrastructure development with more than $750 million allocated to Dammam’s King Abdul Aziz Port, which includes […]

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