Infrastructure improvements, the key to boosting the growth of the port sector

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Although the industry’s challenges remain enormous, the investment and tonnage mobilization figures are encouraging. Analysis of the present and future of the industry.

Since Law 1 of 1991, important advances have been made in the port sector in Colombia, mainly because private participation and investment was encouraged to allow advances in technology and modernization that the country requires , driven by the concession scheme.

ECLAC studies indicate that there is a clear correlation between the growth of the economy and investment in infrastructure, thus generating an improvement in logistics chains and connectivity, and a reduction in transportation costs. Colombia has not been oblivious to these realities. Although there are many opportunities for improvement in the port sector, the country has an efficient and robust system that has boosted its economy : ten maritime port areas, 8 in the Caribbean region and 2 in the Pacific region, and a fluvial port area on the Magdalena River.

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