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Tuesday, May 21 2019 @ 10:42 PM UTC

Port of Limon to be extended

Canal ExpansionBy Edgar Sánchez - The Port of Limon in Costa Rica, one of the biggest produce hubs worldwide, is to be extended considerably in a move that could seriously increase the prospects of smaller producers in the country. The redevelopment, which is in response to the work being done to increase traffic in the Panama Canal, would see increased traffic and space at the central American port. Edgar Sánchez, deputy director of the EU department of Costa Rican foreign trade body Procomer, told freshinfo that the government has been working on a new model for a container terminal to complement the Panama Canal as more traffic goes through it. The model will be published in the next few months and then bid on in a private-public deal through 2010 and 2011, with the goal of being fully built by 2014. Sánchez said: “We hope there will be more capacity in the port and more on-time shipping. At the moment, the big companies dominate the port and it's not uncommon for the little guys to be pushed out of a ship because the big guys own them, so hopefully with more capacity more exports all round can come through the port." (Source: Freshinfo)
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