To: Cogito Ergo Sum who wrote (81509 ) 1/31/2012 9:11:19 AM From: elmatador Read Replies (1) | Respond to of 218344 Brazil's Odebrecht revives Mariel port. Cuba's port of Mariel, 31 miles west of Havana, could become the island's biggest port, thanks to a $300 million plan by Brazil that will allow the docking of mega-ships and capacity to handle one million containers per year. Brazil's Odebrecht SA will undertake the work in a project to be largely financed by Rio de Janeiro-based BNDES BNDES Banco Nacional de Desenvolvimento Econômico e Social (Brazilian Development Bank) BNDES Banco Nacional de Desenvolvimento Econômico e Social (Brasil) , according to Cuban press reports following the recent visit of Brazilian President Luiz Inacio Lula da Silva. Odebrecht plans to begin work within a few months, including roads, railroads and the dredging of a channel leading to the future international container terminal A container terminal is a facility where cargo containers are transhipped between different transport vehicles, for onward transportation. The transhipment may be between ships and land vehicles, for example trains or trucks, in which case the terminal is described as a . The entire project will take 10 years, says Cuban state TV. Odebrecht plans to begin work within a few months, including roads, railroads and the dredging of a channel leading to the future international container terminal A container terminal is a facility where cargo containers are transhipped between different transport vehicles, for onward transportation. The transhipment may be between ships and land vehicles, for example trains or trucks, in which case the terminal is described as a . The entire project will take 10 years, says Cuban state TV. President Raul Castro escorted Lula to Mariel on Feb. 24 and signed several accords, including one creating a J-V between Cuba's Quality Couriers International SA and Odebrecht to modernize Mariel, which will be operated by Dubai Ports World of the UAE. Before his arrival, Lula said there were also joint projects in tourism and roads, indicating that state oil monopoly Petrobras wants to build a lubricants factory in Havana and continue prospecting for oil in the deep waters off Cuba's Gu lf of Mexico Noun 1. Gulf of Mexico - an arm of the Atlantic to the south of the United States and to the east of Mexico Golfo de Mexico Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east Last summer, Petrobras opened offices in Havana and concluded seismic studies in Cuba's exclusive economic zone. Another big-ticket infrastructure project apparently remains on track, according to a state TV report--a $500 million ferronickel plant announced last year by a Venezuelan-Cuban joint venture. The February 2010 issue of Cuba Trade & Investment News says the news came "after a nine-month-long official silence and signs of a cash crunch" both in Cuba and Venezuela. "Plans for the project, one of the most important in the country, are being met," said the report, citing progress in civil and technology planning, mine surveying and hiring. The unfinished Las Camariocas plant in eastern Holguin province--started by Czechoslovakia in the 1980s--has been mothballed since 1993. Cuba has repeately tried to restart the plant, says the newsletter. In 2004, China's Minmetals Corp. unveiled a major investment in the plant and in nickel mining in neighboring Camaguey province, but the project never materialized. Finally in 2007, Venezuela and Cuba established the Ferroniquel SA joint venture, to feed Siderurgica del ALBA, a $600 million Venezuelan-Cuban stainless steel stainless steel: see steel. stainless steel Any of a family of alloy steels usually containing 10–30% chromium. The presence of chromium, together with low carbon content, gives remarkable resistance to corrosion and heat. factory under construction in Venezuela. Las Camariocas will boost Cuba's nickel processing capacity from 75,000 metric tons a year to over 100,000 tons, says Juan Ruiz, director of Empresa Exportadora de Niquel.