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    Home » Growth Plan for San Juan Cruise Port Unveiled
    Tourism

    Growth Plan for San Juan Cruise Port Unveiled

    News TeamBy News Team15/02/2024No Comments2 Mins Read
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    San Juan cruise port is undergoing a significant transformation with a modernisation and expansion plan.

    • Global Ports Holding (GPH) has taken over operations, planning an extensive two-stage investment.
    • An initial $100 million will enhance essential infrastructure to maintain operations.
    • A further $250 million is earmarked for increasing port capacity with a new cruise pier.
    • The development aims to integrate the port with Puerto Rico’s tourism sector, benefiting local businesses.

    The San Juan cruise port in Puerto Rico is set for a comprehensive upgrade as part of a strategic modernisation plan. Managed by Global Ports Holding (GPH), the port will undergo a two-phase investment amounting to hundreds of millions of dollars. This initiative is designed to elevate the port’s infrastructure and ensure its compatibility with the world’s largest cruise ships.

    In the first phase, an investment of $100 million will address critical infrastructure needs. This includes modernisation efforts essential for maintaining seamless operations throughout the 30-year concession period granted to GPH.

    Subsequently, a second investment phase with $250 million will focus on expanding the port’s capacity. This phase involves the construction of a new cruise pier and a state-of-the-art terminal, conditioned upon the recovery of cruise passenger volumes to levels observed before the pandemic, when the port facilitated 2.2 million passengers in 2019.

    GPH’s managerial vision seeks to seamlessly integrate the port into the bustling tourism sector of Old San Juan and Puerto Rico. Such integration is expected to provide substantial growth opportunities for local businesses, leveraging the anticipated surge in cruise passenger numbers.

    Mike Maura, Regional Director for the Americas at GPH, emphasised the strategic importance of this development. He stated, “Our investment into this port will transform the port infrastructure and significantly improve the cruise port experience for passengers while creating significant opportunities for local businesses to benefit from the expected growth in cruise passenger volumes.”

    Read Also  Galpagos entry fees increased to enhance conservation

    The ambitious investment and modernisation plan for the San Juan cruise port is poised to revitalise the region’s cruise tourism, fostering economic growth.

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