| MARIEL, Cuba
MARIEL, Cuba Jan 27 Cuba on Monday inaugurated
a $957 million port billed as the most modern in Latin America
and crucial to the economic future of the communist-ruled island
in a project financed by Brazil and equipped for ships passing
through an expanded Panama Canal.
Cuban President Raul Castro and Brazilian President Dilma
Rousseff cut the ribbon in a ceremony attended by other regional
leaders in Cuba for a Latin American and Caribbean summit. It
was financed largely by the Brazilian development bank BNDES and
built by Brazilian construction company Odebrecht SA
The Mariel container terminal, to be operated by Singaporean
port operator PSA International Pte Ltd, will include a rail and
highway support system and replace Havana as Cuba's most
The Mariel special development zone covers 180 square miles
(466 square km) centered around Mariel Bay, 28 miles (45 km)
west of Havana.
Cuba's first special development zone has been built to
accompany Post-Panamax ships, the larger vessels designed for
the canal when an ongoing expansion is complete, expected some
time next year.
The Mariel terminal, which will have an initial 765 yards
(700 meters) of berth, is ideally situated to handle U.S. cargo
if the American trade embargo is eventually lifted, and will
receive U.S. food exports already flowing into the country under
a 2000 amendment to sanctions.
Containers bearing the marking of U.S.-based Crowley
Maritime Corporation were being unloaded on Monday.
"The embargo will not last forever, and when it falls, Cuba
will be strategic for Brazilian companies because of its
geographic position," said a Brazilian government source, who
asked to remain anonymous.
A decree establishing the zone includes significant tax and
customs breaks for foreign and Cuban companies while maintaining
restrictive policies, including for labor.
Cuba hopes the zone, and others it plans for the future,
will increase exports, create jobs and promote high-technology
and local development.
"This container terminal, and the powerful infrastructure
accompanying it, are a concrete example of the optimism and
confidence with which we Cubans see a socialist and prosperous
future," Castro told the ceremony.
The Brazilian development bank provided $682 million in
favorable loans with the rest of the project financed by Cuba,
said Antonio Zaccaria, a spokesman for Odebrecht. Brazilian
companies received $802 million in business in the construction
of the port, generating 153,000 jobs in Brazil, Zaccaria said.
"Brazil believes in, and is betting on, the human and
economic potential of Cuba," Rousseff told the ceremony.
(Additional reporting by Anthony Boadle in Brasilia and Rosa
Tania Valdes in Havana; Writing by Daniel Trotta; Editing by