Independent journal on economy and transport policy
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Private contractors trigger sea change at Venezuelan port: Raymond Colitt on a transformation at the once inefficient Puerto Cabello
(Financial Times)
August 11, 1999
Until a few years ago Puerto Cabello, a port on Venezuela's Caribbean coast, was the epitome of an inefficient and corrupt state-run enterprise.
Its infrastructure was crumbling, its employees disgruntled and its finances permanently in the red. Ship captains from around the world dreaded the port, charging a premium to sail there because of its red tape, ...... Read more on Financial Times
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