Hague-based port operator APM Terminals is investing US$2.5bn in its five Latin American port terminals between 2012 and 2018, Joe Nielsen, the company’s Latin American director told BNamericas.
APM’s terminals include one at Santos port in Brazil and another at Callao in Peru, and the company is currently building a container terminal in Moín, Costa Rica and a container terminal at the Mexican Pacific coast port of Lázaro Cárdenas.
The company sees more potential in Latin America than many other regions around the world due to the changing demographics that continue to drive up consumption.