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New Megaport in Cartagena will be a Duty Free ZonePort of Cartagena Sets Records & Gets $45,000,000 Investment

From Colombian news sources (see references below)

Record Year for Container Movement

Containers in Cartagena

The Port of Cartagena reached a record of 2,018,389 containers moved at the end of 2012, positioning the port as the first in the country to achieve such progress.

The forecast for 2012 predicted  two million containers compared to 1,672,041 recorded at the end of 2011. This figure places Cartagena in the select group of the most important ports in the world and shows, once again, the country’s dedication to  international trade.

The expansion of the Panama Canal, expected to be ready in the first half of 2015, will allow 8.4 million containers to pass through each year, compared to 6.5 million presently.  The Port of Cartagena is one of the beneficiaries, and will be useful in  consolidating its position as the primary global hub for the Caribbean.

$45M investment

Area being prepared for new logistics center

The Chilean firm “Compas” announced a $45 million (USD) investment into the port of Cartagena for a new Logistics Center.

The partners in this project purchased a lot of 41 acres, on the new road that goes towards Barú, which will be used to develop a comprehensive logistics center.  Among other services, it will feature warehouses and a distribution depot,  areas for consolidating and deconsolidation; a yard for full and empty containers, storage area for wheeled vehicles and general cargo as well as extensive areas for installation of new industries related to foreign trade.

Capabilities of the Port of Cartagena and the 70 miles of Canal

one of the cargo cranes in Cartagena

The Port of Cartagena currently has the infrastructure and efficiency to meet up to 5,500 TEUs.  The port is a true logistics center linking the Caribbean to the world, through connections with more than 432 ports in 114 countries.

The 115 kilometers of the navigable Canal Dique, offers enormous potential to mobilize goods in cargo ships.  Furthermore, the possibility of higher amounts freight discount means that logistics costs are between 30% and 38% lower than terrestrial transport.

Those that use this waterway now have satellite navigation assistance, ensuring mobility 24 hours a day.  Therefore, cargo transport through the Canal is feasible, safe and profitable, with positive economic, social and environmental effects.

Read more at:

http://www.eluniversal.com.co/cartagena/economica/inversion-chilena-en-puerto-de-cartagena-105783

http://www.eluniversal.com.co/cartagena/local/puerto-de-cartagena-alcanzo-cifra-record-en-2012-104465

http://www.eluniversal.com.co/cartagena/actualidad/puerto-de-cartagena-en-la-ruta-de-barcos-de-lujo-104959

http://www.cccartagena.org.co/boletin.php?b=177

http://www.eluniversal.com.co/cartagena/economica/inversion-chilena-en-puerto-de-cartagena-105783

http://albatros.puertocartagena.com/opadmco.nsf/vstRefLinkDoc/58319A1A99908EAB052573B5004AD389

http://www.skyscrapercity.com/showthread.php?t=561030

ProExport Colombia Visits Mar Y Sol at Twin Vee Factory

Colombia represents an enormous opportunity for investors.

With the signing of the Free Trade Agreement, the country has opened its doors to the United States to expand its market in many sectors.  Mar Y Sol recognizes this opportunity and actively working to partner with Colombian and U.S. businesses and organizations.  We invited ProExport Colombia to visit Twin Vee Catamaran factory and meet Roger Dunshee, the founder, owner and CEO of Twin Vee !

Twin Vee Catamarans of Fort Pierce, Florida has prided itself on producing a safe,

Roger Dunshee

reliable quality boat at an affordable price.  Customers trust the name and the performance. As founder, Roger Dunshee states, Twin Vee Catamarans are “the best riding boats on the water.”  Over time, these well crafted boats will still hold their value!

Recently, Sergio Rodríguez, Foreign Investment Representative of ProExport Colombia visited the Twin Vee factory in Fort Pierce, Florida.  ProExport promotes “nontraditional exports, international  tourism and foreign investment” in Colombia.  They assist to identify market opportunities, assist to design strategies for the market segment, promote foreign direct investment in Colombia and much more.

Sergio Rodríguez

One of the market sectors that has been on the upswing is tourism.  Along the Colombian Caribbean coast line are cities poised for expansion in this sector.  Cartagena, is an urban center with almost 1 million residents and home to one the most important international ports.  Recreational tourism, beaches and development of the marine market is underway.  Rosario Islands, Barú and Santa Marta are known for the recreational tourism all surrounded by the beautiful Caribbean waters.

Mr. Rodríquez explained that ProExport’s tourism office is located in Cartagena and offers services for the cruise ships and hotels. Domingo Bernardo, CEO and president of Mar y Sol explained the business plan and development for Colombia. The company will offer boating services and products to hotels, cruise ships, marinas and recreational boaters.  It was agreed by all, that Mar y Sol Twin Hull Boats and Twin Vee Catamarans can in fact fill that niche and importantly, ProExport Colombia has offered assistance to Mar y Sol.

At a round table discussion,  Roger Dunshee  explained the benefits of  power catamarans and why the Twin Vee brand is so unique. Mr. Rodríguez had a tour of Twin Vee factory and able to see the quality of the construction which has made these boats famous.  Mr. Rodríquez was introduced to the latest technology in boating: the Twin Vee  Hydrofoil Supported Ocean Cat.   This advancement in boating creates a lift, runs on top of the waves, less resistance, lower horsepower and less fuel!

Twin Vee Hydrofoil Supported Ocean Cat

 

Mar y Sol Twin Hull Boats is proud to represent Twin Vee Catamarans and to introduce these legendary boats to the Colombian market! With the enormous growth of the marine and recreational tourism, Mar y Sol along with Twin Vee  will fill a niche in the nautical market.

Thank you to Mr. Sergio Rodríguez for your visit and Mr. Roger Dunshee of Twin Vee for the factory tour!

 

source: http://twinvee.com/index.htm

source: http://www.investincolombia.com.co/sectors/services/hotel-infrastructure-and-tourism.html

Colombia to invest $2.2B in road infrastructure

From: Colombia to invest $2.2B in road infrastructure – Colombia news | Colombia Reports.

Colombia‘s Infrastructure Agency announced a plan on Friday to invest $2.2 billion on new roads in the country.

Director of the National Infrastructure Agency Luis Fernando Andrade officialized the scheme which will begin at end of the year with the construction of six new road projects, reported La W Radio.

The first six roads constructed will include a dual carriageway between the northern cities of Barranquilla and Cartagena.

The agency expects to complete the project in the first half of 2014 with 60% of the funding for projects coming from revenues and the other 40% from the government

Be sure you visit about www.MarySolColombia.com and www.CartagenaAlquilaBarcos.com on our website!  Mar y Sol loves Colombia!

infrastructure

Colombia Credit Rating May Be Raised As Growth Buoys Revenue

From:  S&P May Raise Colombia Credit Rating as Growth Buoys Revenue – Bloomberg.

Colombia’s foreign debt rating may be raised by Standard & Poor’s as economic growth in the Andean country increases revenue and leads to lower debt levels.

 

Colombia won an investment-grade credit rating last year for the first time since 1999 as improved security bolstered economic growth and attracted record foreign investment. Congress in 2011 passed legislation, known as the fiscal rule, allowing the nation to save part of the windfall it receives during times of rising commodity prices.

“Colombia’s fiscal performance has been improving at an impressive pace,” Bret Rosen, a Latin America strategist at Standard Chartered Bank in New York, said in a phone interview. “Colombia is a positive story and this shines light on its achievements.”

 

Be sure you visit about www.MarySolColombia.com and www.CartagenaAlquilaBarcos.com on our website!  Mar y Sol loves Colombia!

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