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CAFTA Investing Heavily in Logistics
Central America is furiously ramping up its port capacity to complement improvements in the Panama canal. The Maritime Transportation Commission of Central America (COCATRAM) are investing US$ 300 Million in the Port of Monkey Point (Nicaragua), US$ 200 Million in the Port of La Union (Nicaragua), and US$ 300 Million in the Port of Cortés (Honduras).
The CAFTA countries are improving their Logistics infrastructure in order to attract more of the trade between Asia and the USA, and Asia and Europe.
Source: Mundo Marítimo 04/16/08
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