In response to a request from the Governor of the State of Anzoategui in Venezuela, the U.S. Trade and Development Program contracted for a definitional mission to evaluate the prospects of TDP funding a study for the modernization of the Guanta port. The State of Anzoategui has 11 port installation along its 320 mile coastline. Of these, the port of Guanta is the only public access cargo port. The existing facilities at the port, including berths 1 and 2, various equipments for cargo handling, and vessels are in poor condition and the entire port is in a dire need of rehabilitation. In addition, the expansion of the Naricual, Fila Maestra, and Orinoco coal mines will require a significant expansion of the port facilities at Guanta, in addition to the general increase in other cargo. Given (1) the presence of the American firms in Venezuela, (2) the proximity of a growing market, and (3) the potential for sizable U.S. exports, the report recommends that TDP should fund the proposed feasibility study and master plan development. The study meets all of TDP's usual criteria for funding feasibility studies and offers U.S. firms an opportunity to export services and equipment in value close to $35-45 million.
Port Modernization Project in Venezuela: Definitional Mission Report No. 1
1992
48 pages
Report
No indication
English
Marine & Waterway Transportation , Civil Engineering , Foreign Industry Economic Development , Seaports , Renovating , Venezuela , Developing countries , Cargo transportation , Marine terminals , Feasibility studies , Market research , Exports , United States , Civil engineering , Foreign marketing , Export trade information , Guanta(Venezuela) , Infrastructure