Following approval of a project to create a cruise terminal in central Chile, BNamericas spoke with the CEO of VTP Juan Esteban Bilbao, whose parent company Agunsa proposed the US$30mn project for Valparaíso, about the plan and the outlook for the cruise industry in Chile beyond the port city.
The country's infrastructure needs were found to have increased in the last two years, with the deficit in the urban roads sector reaching US$60bn.
The decision allows Argentine authorities to immediately receive US$15bn and comes as MSCI announces a decision to move the country into its emerging markets category.
Miners are operating amid turf wars between rival cartels in Mexico's Chihuahua state, with mining municipalities among the worst affected.
Three solar projects for a combined 22MW are also advancing on the permitting front.
The US telco is pushing the adoption of internet of things technologies in fleet connectivity and smart city systems in Mexico. Andrés Canales, deputy VP of IoT for the company in Mexico, discussed the technology with BNamericas.
The Brazilian state pegged investment at some US$72mn.
The country's infrastructure needs were found to have increased in the last two years.
The commercial lender lost US$10mn in a cyberattack last month, but is now covered for up to that amount, a local paper reported.
The project would add 10km to the Biotrén service, which serves the Biobío region.