USTDA Grant Supports Development of Intermodal Corridor in Chile
June 5, 2013
(USTDA)
Improving transportation connections between
the Port of San Antonio and the city of
Santiago
SANTIAGO, CHILE – USTDA awarded a grant May 22,
2013 to Empresa Portuaria San Antonio (Port
Company of San Antonio or "EPSA"), in support
of its efforts to increase the Port of San
Antonio's cargo handling capacity and
facilitate traffic by rail between the port and
the capital city of Santiago. The USTDA grant
is supporting a feasibility study that will
help EPSA analyze the technical and financial
aspects of implementing the proposed San
Antonio-Santiago Intermodal Corridor.
EPSA, the company responsible for overseeing
the development and operation of the Port of
San Antonio, intends to develop the rail
intermodal corridor to improve access to global
markets and enable a further increase in cargo
throughput necessary to accommodate the
country's continued economic expansion. The
$620,000 grant was signed by Alejandro Wolff,
U.S. Ambassador to Chile, on behalf of USTDA,
and by Aldo Signorelli, General Manager of
EPSA.
"USTDA is pleased to partner with EPSA on the
development of the San Antonio – Santiago
Intermodal Corridor, which will reduce delays
and congestion as well as lower environmental
impacts by transporting more cargo by rail,
said Nathan Younge, USTDA Regional Director for
Latin America and the Caribbean.
"When implemented, this project will provide
substantial opportunities for U.S. providers of
intermodal and port management systems and
technology."
The grant funding provided today builds on
previous USTDA support for the ports sector in
Chile. In October 2012, USTDA funded a reverse
trade mission to familiarize Chilean officials
from the ports of San Antonio and Valparaíso
with port operational enhancement technologies
in the United States.
The opportunity to conduct the USTDA-funded
feasibility study will be competed on the
Federal Business Opportunities (FBO) website. A
link to the FBO announcement will be posted to
USTDA's website at www.ustda.gov. Interested
U.S. firms should submit proposals according to
the instructions in the FBO announcement.
Welcome to the Exporting Source
Your one-stop resource for finding help to export to new customers, to learn about government export programs, to join export-promoting trade missions, to sign up for trade conferences and training, and to link to other exporting services. Whether you're an old hand at exporting or just getting started, the Exporting Source provides a place to locate foreign customers, export financing and foreign investment assistance.
The Export Practitioner
Providing readers with expert reports on changes to U.S. export licensing rules, enforcement policies and regulations for defense and dual-use products and technology.
Washington Tariff & Trade Letter
Providing exclusive, behind-the-scenes news and analysis every week of U.S. trade policies, regulations and legislation, export controls, trade sanctions, and enforcement of antidumping and countervailing duty laws.
Mastering Deemed Exports
An invaluable video training tool that helps exporters, universities and research laboratories alert all employees to the potential fines and legal sanctions that can come from violating EAR and ITAR restrictions on giving certain foreign nationals access to controlled U.S. technology.