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Posorja port represents an investment of $ 1.2 billion
Posted On 01 Sep 2017
Ecuadornews:
With the presence of President Lenin Moreno and the executive director of DP World Group, Sultan Ahmed Bin Sulayem, the first stone of the deepwater port was placed in Posorja, a rural parish of Guayaquil. An investment of $ 1.2 billion is the result of a public-private alliance. A 50 years grant was established for the company; “In that period the State will receive revenues for $ 2.7 billion,” said the President.
“What a joy that we have the opportunity to finally lay the first cornerstone in this wonderful project that will surely bring progress, employment, investment, production, but above all welfare to the citizens,” Moreno said. Ecuador needs projects of this magnitude that make us more competitive and invite us to dream big. It is important to note that this mega-construction does not cost a penny to the country.”
The Head of State added that thanks to the deepwater port, Posorja will become a pole of development. Employment will not only be limited to port issues, but also tourism, gastronomy, entertainment, real estate businesses will arouse from this work. (I)
