PARAGUAY – SOUTH AMERICA’S NEW PANAMA CANAL TO PASS THROUGH ‘GREEN HELL’

Bloomberg and others on 23rd July reported plans by Paraguay to turn its remote, sparsely populated north-west into an international transport hub and a key link between ports on the Atlantic and Pacific coasts of South America.  The Corredor Bioceanico would connect ports in Brazil and Chile.  It is reported that over the next year 12 months the government plans to tender at least $1.2 billion in public-private partnerships and turnkey projects, including 2 segments of the Corredor Bioceanico, and that might obtain funding from global capital markets.  The government’s plans are part of a larger nationwide building program that includes more than $6.8 billion for highways, water and waste projects.

https://news.bloombergtax.com/international-trade/south-americas-new-panama-canal-to-pass-through-green-hell

This blog is primarily for my own use, to keep informed and up to date.  However, if you would like to say thank you (and perhaps help me get a new, better laptop when I am away…) you can “buy me a coffee” at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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