en.Wedoany.com Reported - Chilean President José Antonio Kast announced on June 1 in his first public report submitted to Congress in Valparaíso that the country will strengthen national port infrastructure and logistics security, with a focus on advancing modernization projects for the country's two major port complexes.
In the report, the President specified that the comprehensive modernization of the Port of Valparaíso will be promoted, and construction of the Port of San Antonio will be initiated. He stated that these measures are part of a strategy to enhance national competitiveness and create jobs, emphasizing that better infrastructure will lead to improved employment opportunities and stronger national competitiveness.
The port system is of strategic importance to Chile's foreign trade. The President noted that Chile, as a maritime nation, requires excellent and secure ports to ship containers overseas without becoming a focal point of concern. He also stressed that the advancement of port projects should be regarded as a long-term national policy, transcending any single government term.
In terms of logistics security, the report mentioned ongoing efforts to strengthen control over maritime terminals, including improving cargo traceability and technical control of containers, to prevent damage to the country's reputation due to port insecurity.
These announcements come against the backdrop of Chile's investment recovery and infrastructure push. In his speech, the President stated that 389 projects are currently undergoing environmental assessment, involving an investment of approximately $89 billion. Since March 11, over $22 billion in new investments have entered the country. Additionally, in May, Chile recorded its highest approved investment amount in nearly 11 years, reaching $13.9 billion.
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