Philippines investment in new Buenaventura port

The Aguadulce port project, one of the oldest in Buenaventura, is beginning to take shape.
The builders expect construction to start before June this year because of the advances in the first phase of the road to the Aguadulce Peninsula in Colombia, the site of the terminal.
“The first phase was the access road of 21 kilometers, that is being built by the Sociedad Puerto Industrial Aguadulce,” said Miguel Abisambra, manager of this company.
The highway will have an investment of more than $60 million. In its first phase, the port will be able to move more than 400,000 containers through a dock 600 meters long, and that will eventually be extended to 900 meters, with another 250 meters long for handling bulk cargoes and coal enabling it to handle more than two million tons.
“Work on the maritime terminal should begin before the end of this semester, along with continuing the work on the highway and the dredging of approaches to 14.5 meters,” said Abisambra, manager of the port, which has an investment from the Philippines, through the subsidiary of the company International Container Terminal Services Incorporated (ICTSI).

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