Cuba opens new port built with Brazilian aid

[Judi Lynn]

Cuba opens new port built with Brazilian aid
By Nelson Acosta and Marc Frank
MARIEL, Cuba Mon Jan 27, 2014 11:48am EST


Jan 27 (Reuters) - Cuba on Monday inaugurated a $957 million port billed as the most modern in Latin America and crucial to the economic future of the communist-ruled island in a project financed by Brazil and equipped for ships passing through an expanded Panama Canal.

Cuban President Raul Castro and Brazilian President Dilma Rousseff cut the ribbon in a ceremony attended by other regional leaders in Cuba for a Latin American and Caribbean summit. It was financed largely by the Brazilian development bank BNDES and built by Brazilian construction company Odebrecht SA

The Mariel container terminal, to be operated by Singaporean port operator PSA International Pte Ltd, will include a rail and highway support system and replace Havana as Cuba's most important port.

The Mariel special development zone covers 180 square miles (466 square km) centered around Mariel Bay, 28 miles (45 km) west of Havana.

More:
http://www.reuters.com/article/2014/01/27/cuba-brazil-port-idUSL2N0L10XO20140127?rpc=401&feedType=RSS&feedName=rbssConsumerGoodsAndRetailNews&rpc=401

[dipsydoodle]

1. Mariel !

Happy days.

For those unaware http://en.wikipedia.org/wiki/Mariel_boatlift

[Judi Lynn]

2. Ha. They're still hopping mad about it in Miami.

Interesting characters were aboard for that boatlift!

[Socialistlemur]

3. It's more a fascist ruled island

That regime isn't really communist. They are a fascist dictatorship.