Nicaragua will begin construction of a deepwater port in Bluefields in 2022, according to the recent announcement by the Ministry of Finance and Public Credit (MHCP, for its acronym in Spanish). This project will help boost the country's foreign trade and decentralize economic activity from the Pacific Region to the Caribbean Coast, which will make way for new national and foreign investments in this region.

The port that will connect Nicaragua's maritime transport with the Caribbean countries will be built with financing sources from multilateral organizations, announced Iván Acosta, Minister of Finance and Public Credit. The Government of Nicaragua is already in communication with three multilateral organizations to manage the financing of this project. "The funds will be available at the beginning of the year 2022 and in the middle of the same year we will carry out the bidding process", said Minister Acosta.

After the project's feasibility studies were completed, which were carried out by the Dutch firm ARCADIS, the maritime access and the construction of an interoceanic corridor between the Port of Corinto and the future Port of Bluefields were determined. Minister Acosta mentioned that the port will be built 2 kilometers from Bluefields, it will be built in two stages, and it will be as big as the Port of Corinto.

According to the feasibility study, the port will have a maritime channel that requires dredging of the area, since the depth of the bay allows only fishing boats. According to the plans, the port will have a 7 kilometers land access road with two lanes, with a capacity of 4,500 trucks, and will have an administration area, parking, disembarkation, loading, and all the dependencies that a port entail. On the other hand, the location of the port is outside the community lands, respecting the autonomy of the indigenous peoples.

It is important to mention that the construction of this port is part of the Plan to Fight Poverty 2022-2026 of the Government of Nicaragua, which functions as a guiding instrument of public management for the coming years, and that contains transformative policies, strategies and actions that ratify the path of economic growth and the defense and restitution of the rights of Nicaraguan families, with an emphasis on reducing poverty and inequalities.

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