The Dominican Republic has taken a significant step toward transforming its logistics and trade infrastructure with a landmark agreement between the Dominican Government and DP World Dominicana. This partnership, centered around a planned US$760 million investment, reflects the country’s bold vision to become the leading logistics hub in the Caribbean and Latin America.

Strengthening the National Logistics Ecosystem

In a recent high-profile visit to the DP World Dominicana facilities in the Caucedo Peninsula, the Dominican Port Authority (APORDOM), led by Executive Director Jean Luis Rodríguez, reaffirmed the government’s full support for the development of the national logistics ecosystem. The purpose of the visit was to gain firsthand insight into the progress made in expansion projects and to discuss future collaboration that aligns with President Luis Abinader’s agenda to boost the country’s productive sectors.

“We must continue contributing and reinforcing the vision that the Dominican Republic should establish itself as the logistics and cruise hub of the region,” Rodríguez stated during the visit. “You have the full support of the Port Authority, in line with the mandate of the President to continue supporting the country’s productive sectors.”

The visit served not only as a show of government backing but also as a platform to share DP World Dominicana’s expansion roadmap and its contribution to the Dominican Republic’s global trade ambitions.

A Groundbreaking Memorandum of Understanding

Central to the partnership between DP World Dominicana and the Dominican Government is the recent signing of a Memorandum of Understanding (MoU), which lays the foundation for negotiations surrounding the creation of the DP World Economic Zones. These zones aim to integrate a wide array of logistics services, including port operations, manufacturing facilities, and free trade zones, into a single, highly efficient ecosystem.

If fully realized, this development would position the Dominican Republic as the first country in the Americas to feature a logistics platform that brings together industrial parks and free zones with a state-of-the-art port terminal. The high level of integration between these facilities is expected to streamline operations, reduce costs, and elevate the country’s status as a competitive logistics and trade destination.

A US$760 Million Vision for the Future

DP World Dominicana has committed to investing a staggering US$760 million into the realization of this project. This substantial capital injection will cover the expansion of the Caucedo port terminal, the development of new free trade zone infrastructure, and the integration of advanced systems and security technologies to support efficient and secure international trade.

The initiative is not just about physical expansion—it is about reimagining how trade flows through the Dominican Republic. With this project, DP World Dominicana envisions a future where manufacturers, logistics providers, and global traders can all operate from one strategic location, benefiting from seamless integration and world-class infrastructure.

Early Investments Already Underway

In addition to the long-term vision, DP World Dominicana has already made considerable investments to enhance existing operations. From 2024 to date, the company has invested approximately US$66.6 million in a series of initiatives aimed at boosting port performance and security.

These include:

• Upgrades to operational infrastructure to support increased cargo volumes.
• Capacity expansions that allow the terminal to manage more TEUs (twenty-foot equivalent units).
• Advanced security systems to ensure safe trade and compliance with international standards.
• Digitalization of port processes, which enables better tracking, transparency, and coordination across logistics chains.

These enhancements not only elevate the port’s current capacity but also demonstrate DP World Dominicana’s commitment to long-term, sustainable development.

A Model for Sustainable, Integrated Growth

“At DP World Dominicana, we are committed to a vision of sustainable growth to strengthen the position of the Caucedo port as a leading logistics hub in Latin America,” said Manuel Martínez, CEO of DP World Dominicana. “We are investing in the development of an innovative model that integrates services such as free trade zones, manufacturing, and logistics, all in one location, to boost the country’s connectivity and competitiveness. We value the support and collaboration of APORDOM, which plays a key role in consolidating the Dominican Republic as a critical player in regional trade.”

This vision aligns with broader global trends, where modern logistics hubs are increasingly adopting integrated models that combine physical infrastructure with digital solutions, creating environments where goods can move more quickly, securely, and with greater efficiency.

Port Capacity and Capabilities

Currently, the DP World Dominicana terminal boasts an operational capacity of 2.5 million TEUs per year. It is equipped with a modern fleet of port machinery, including:

Eleven gantry cranes are used for loading and unloading large containers from cargo ships.

Thirty-two rubber-tired gantry cranes (RTGs) enable efficient container stacking and yard management.

These capabilities position the Caucedo port among the most modern and competitive in the region, enabling it to handle high volumes of cargo traffic while maintaining rapid turnaround times.

The DP World Economic Zones: A Unique Model in the Americas

DP World Dominicana is also spearheading the development of the DP World Economic Zones, which aims to integrate industrial activities, logistics services, and port operations in one cohesive space. This model is unique in the Americas and offers substantial advantages for businesses looking to establish operations in the Dominican Republic.

To date, 150,000 square meters of space have already been developed within the economic zones. Plans are underway to expand this to 220,000 square meters by 2027, further enhancing the country’s ability to attract and support global manufacturers, logistics firms, and exporters.

By centralizing operations within a single geographic area, the DP World Economic Zones reduce logistical complexity and create opportunities for businesses to scale efficiently while enjoying the benefits of tax incentives, modern infrastructure, and proximity to a global port.

Government Commitment to Oversight and Collaboration

Executive Director Jean Luis Rodríguez emphasized the importance of government oversight and active engagement with key logistics stakeholders, such as DP World Dominicana. “This visit reinforces our commitment to the oversight and support of key stakeholders in the national port system. The initiatives being carried out by DP World position the Dominican Republic as a regional benchmark in integrated logistics and secure trade,” he said.

His remarks reflect the Dominican Government’s broader economic development strategy, which includes creating world-class infrastructure and attracting foreign direct investment to strategic sectors such as logistics, trade, and manufacturing.

A Collaborative and Forward-Thinking Delegation

The APORDOM delegation during the visit was composed of high-level representatives from various branches of the Port Authority, including:

• Alan Checo, Deputy Director
• Rolando Martínez, Advisor
• Adonis Modesto, Chief of Staff
• Indhira Corte, Logistics Director
• Moisés Richardson, Head of Access to Public Information

This robust participation underscores the government’s commitment to deep collaboration and transparent oversight in the execution of large-scale infrastructure projects.

On the side of DP World Dominicana, key figures included:

• Manuel Martínez, CEO
• Arlina Peña, Senior Director of Public Affairs and Communications
• Roberto Muñiz, Commercial Director
• Paola Firpo, Legal Director
• Héctor Incháustegui, representing Terra RD Partners

Together, these representatives discussed the future of port development, trade facilitation, and national competitiveness.

Looking Ahead: A Logistics Hub for the Hemisphere

The collaboration between the Dominican Government and DP World Dominicana is more than just a port expansion project—it is a bold move to position the Dominican Republic as a gateway for hemispheric trade. The integration of free trade zones, manufacturing capabilities, and digital logistics into a single ecosystem is a model that could set the standard for other countries in the region.

With continued investment, government support, and private-sector innovation, the Dominican Republic is well on its way to becoming the preeminent logistics and trade hub of the Caribbean and Latin America.

This US$760 million investment not only signals confidence in the country’s strategic location and stable business environment but also promises significant long-term economic benefits, including job creation, increased exports, and enhanced global competitiveness.

As the Dominican Republic moves forward with this ambitious plan, the world will be watching—and many may soon follow its example.

The Guatemalan private sector enthusiastically backs the new partnership between the United States and Guatemalan officials to modernize Puerto Quetzal, which represents a critical infrastructure development intended to reshape Guatemala’s economy. The partnership, which includes U.S. Army Corps of Engineers expertise, is heralded as a critical advancement to improve Guatemala’s logistics operations and establish it as a key regional trade player.

A Strategic Alliance for National Growth

The principal business coalition in Guatemala, known as the Coordinating Committee of Agricultural, Commercial, Industrial, and Financial Associations (CACIF), provided firm backing to the initiative. Through its public announcement, CACIF described the project as a strategic alliance that will enhance essential trade infrastructure and regional security.

Business leaders regard the plan to modernize Puerto Quetzal as essential to improving raw materials entry procedures, while eliminating cargo handling delays and enabling efficient exportation of Guatemalan products to international markets. They emphasize that this initiative stands as a construction project while serving as a base for future economic success.

Why Puerto Quetzal Matters

The primary maritime entrance point for Guatemala is Puerto Quetzal, which stands on the Pacific coast. Business leader Charles Bland asserts that 60% of national maritime cargo passes through Puerto Quetzal, demonstrating its fundamental position in Guatemala’s economy. The port manages more than 45% of Guatemala’s exported goods and approximately 30% of its imported products while connecting the country to key markets across Asia, North America, and South America.

The port has suffered from persistent operational delays and insufficient capacity for many years. Puerto Quetzal must modernize due to complaints from shipping and logistics companies about extended vessel wait times and unloading delays. Many businesses face increased expenses because ships experience delays of 20 to 50 days at port, which leads to supply chain inefficiencies that harm their competitiveness and reliability.

U.S. Involvement Brings Confidence and Transparency

The project benefits from a key partnership with the U.S. Army Corps of Engineers, a globally respected organization with technical expertise and oversight capabilities. Business leaders in Guatemala view this partnership as a guarantee of high-level execution and responsible financial management.

Charles Bland described this announcement as one of the best they have ever received. The planned expansion gets support due to the involvement of both the U.S. government and the U.S. Army Corps of Engineers. The partnership ensures financial accountability and guarantees the construction of a premier port necessary for economic development.

Bland pointed out that the plan to modernize Puerto Quetzal serves as an investment in Guatemala’s future economic competitiveness. The partnership between Guatemala and the United States shows Guatemala’s dedication to trade infrastructure improvements, while U.S. participation raises investor trust through expected transparency.

A Long-Term Vision Beyond Politics

The Guatemalan-American Chamber of Commerce (AmCham) expressed strong backing for the agreement by calling it a clear demonstration of U.S.-Guatemala bilateral cooperation. “It is not just a commitment of the current administration,” AmCham said, calling the agreement a national project that represents a long-term vision.

The agreement covers a duration of 30 years so that future generations will benefit from its implementation. During his recent regional visit, U.S. Secretary Rubio reminded observers that “America First does not mean America alone,” according to AmCham, while Puerto Quetzal’s modernization signifies a shared dedication to regional prosperity and connectivity.

AGEXPORT: Building a Regional Logistics Hub

AGEXPORT issued swift praise for the initiative. The organization considers the effort to modernize Puerto Quetzal to be a critical move toward establishing Guatemala as the primary logistics hub in Central America. AGEXPORT regards the port’s expansion as essential for enhancing efficiency and expanding capacity to fulfill increasing trade needs.

The modernization of Puerto Quetzal will unlock Guatemala’s potential to export goods from manufacturing, agriculture, and mining industries. AGEXPORT stated that the initiative focuses on trade facilitation, innovation promotion, and export quality standard enhancement to increase competitiveness in international markets.

The Industrial Sector Urgently Needs Infrastructure Investment

The Guatemalan Chamber of Industry (CIG) expressed concern over Guatemala’s declining infrastructure investments throughout recent decades. The Chamber stated that efforts to modernize Puerto Quetzal will bring immediate and lasting industrial advantages through reduced transaction costs and improved reliability while expanding capacity.

The Chamber declared that strategic infrastructure development requires multiple types of efforts involving public entities, private companies, public-private partnerships, and international collaborations. Guatemala must extend its port facilities, along with road networks and energy infrastructure, to achieve effective competition in the world market.

Agricultural Sector to Benefit from Improved Competitiveness

The essential agricultural sector of Guatemala’s economy benefits greatly from the modernization of its ports. The Chamber of Agriculture of Guatemala (CAMAGRO) highlighted that insufficient logistics infrastructure has repeatedly delayed the transportation of fresh produce and agri-food exports to international customers.

Guatemala’s agricultural sector needs enhanced global market access to achieve successful modernization of Puerto Quetzal. CAMAGRO stated that quicker loading and unloading processes will maintain product quality while minimizing spoilage and enabling exporters to satisfy international buyers’ strict delivery schedules. CAMAGRO has established a definite route to increase agricultural competitiveness through support from the U.S. Army Corps of Engineers.

A National Turning Point

The Puerto Quetzal modernization project represents more than a port improvement initiative because it serves as a pivotal moment for Guatemala’s economic development. The business sector sees this project as a catalyst for widespread infrastructure investments in roads, railways, and intermodal transportation systems.

The effort to modernize Puerto Quetzal reinforces Guatemala’s trade position in the region while fostering deeper integration with American partners and boosting goods transportation through its territory. As global supply chains evolve and nearshoring becomes more common, Guatemala’s location gains strategic importance through modern infrastructure support.

Building a Future of Economic Resilience

The modernization of Puerto Quetzal underlines Guatemala’s readiness to tackle 21st-century challenges in an economy where speed, transparency, and efficiency are essential. Business leaders from agriculture through industry to commerce stand together in endorsing this important infrastructure project.

By bringing in U.S. expertise and fostering long-term collaboration, Guatemala sends a message to international investors and trading partners: The nation maintains an open business environment while demonstrating dedication to reform and a strong resolve to create a resilient and prosperous future.

The agreement’s generated momentum gives stakeholders nationwide an important chance to push through wider infrastructure reforms as they work to improve logistics and connectivity. The development of Puerto Quetzal represents a comprehensive approach to advancing the entire nation of Guatemala—not merely improving port facilities.

Panama remains focused on acquiring new opportunities and forming strategic partnerships to enhance its regional position. The nation plans to drive its economic transformation by investing in Panama’s logistics and port services with private funding and international partnerships. Panama has implemented this strategy to maintain its position and avoid being surpassed by emerging regional competitors.

While Panama stands out as a major maritime center with a strong economy and strategic location, the country must improve its logistics efficiency to maintain its position as an essential international trade hub. The Caribbean nations, together with Mexico and Colombia, are aggressively pursuing market share.

The ongoing access to new business ventures and strategic economic discussions makes Panama stand out in the current global trade policy changes. Panamanian logistics development relies on its strategic partnerships with major global players, including China.

During the forum “Logistics and Exports in the Trump Era: At the event “Impacts and Opportunities,” Capital Financiero brought together industry experts who discussed the modernization of existing infrastructure as well as the needs of key players in Panamanian logistics and the port chain.

Logistics Expansion to Meet Supply and Demand

Rommel Troetsch, who served as president of the Panama Maritime Chamber, said that Panama’s persistent port development and adaptability have established its capability to process substantial cargo volumes between the Pacific and Atlantic, making the nation a primary transshipment hub and a fundamental part of its logistics system.

Troetsch pointed out that Panama’s port infrastructure allows efficient management of diverse cargo types. The executive pointed out that constructing new ports would ensure Panama’s logistics capabilities remain robust for the future.

The Port of Balboa along with Panama International Terminal (PSA) represent the primary Panamanian ports located next to the interoceanic canal on the Pacific coast. The primary ports on the Atlantic side include Cristóbal – Panama Ports Company (PPC), Manzanillo International Terminal (MIT), and Colón Container Terminal (CCT). The Panamanian ports constitute the fundamental infrastructure for logistics operations that facilitate transshipment and trade circulation throughout the Americas.

Panama stands on the brink of its second transformation in port infrastructure. We stand at the beginning of new opportunities for port development. The acquisition of the Balboa and Cristóbal ports by BlackRock and Terminal Investment Limited will lead to increased shipping traffic and cargo volumes and require additional crew members to handle these operations.

The transaction involved selling the remaining contract years and transferring ownership to interested parties, including MSC, which stands as one of the world’s largest shipping lines, according to his clarification.

The Panamanian government retains negotiation authority over new economic conditions and strategic development for the Balboa and Cristóbal ports following BlackRock’s acquisition of 90% of these ports from Hutchison as part of a $22.8 billion transaction that also encompasses 41 ports across 23 countries.

In 2024, Panama commanded the Pacific coast market for container transshipment measured in TEUs, with a 60% market share by processing 3,616,674 units. Lázaro Cárdenas in Mexico accounted for 14%, and Callao in Peru matched this percentage, followed by Manzanillo in Mexico at 10% and Buenaventura in Colombia at 2%. Colón port led the Atlantic market with 4,846,748 TEUs, making up 42% of the market share, followed by Cartagena at 23%, Kingston in Jamaica at 19%, Freeport in the Bahamas at 10%, and Caucedo in the Dominican Republic at 6%.

Troetsch identified Cartagena as an emerging logistical threat because of its port expansion and called for Panamanian government initiatives to stimulate the Panamanian logistics sector.

He demonstrated exponential growth in TEU volume since port concessions began as evidenced by the rise from 195,097 units in 1993 to 9,569,771 units in 2024, which showcases the consolidation of a privately operated system that plays a crucial role in Panamanian logistics expansion.

“There is current demand for two new ports: The country needs to build two new ports with one location secured on Isla Margarita in the Atlantic Ocean while the second location remains undetermined. Farfán, Corozal, and Palo Seco are the evaluated options in the Pacific located within the canal area.

He revealed that building a new port would demand about $1 billion in investment and emphasized that national leadership for the project was essential to create wealth and jobs.

He concluded with the recommendation that Panama should consider port examples, including Singapore’s massive transshipment capabilities of up to 60 million TEUs; Jebel Ali’s operations with 15 million TEUs capacity; and Rotterdam’s substantial €2 billion investment in port expansion.

The Panama-David Train: A Key Pillar of Logistics Development

Felipe Rodríguez of the Panama-David-Frontera Train Committee presented details about the project’s anticipated economic benefits and societal effects during a discussion about transportation strategies between Panama’s central and western regions. Panamanian logistics will improve through the increased integration of regional supply chains.

The mega railway project valued at $8 billion is slated to begin construction during the year 2026. The project establishes transportation links between the provinces of Coclé, Herrera, Veraguas and Chiriquí with the Panama Canal logistics corridor.

Rodríguez from the Western Region Competitiveness Center (Cecom-RO) stated that the Panama–David–Frontera Train project will enhance current trade pathways while improving cargo movement to key production zones and border areas and fostering Panamanian logistics network integration.

President José Raúl Mulino announced that the train project heading to Paso Canoas border will feature 14 stations throughout the nation and create 50,000 direct and indirect jobs during its construction phase.

Former President Juan Carlos Varela (2014–2019) first proposed the Chiriquí railway project after presenting a feasibility study conducted by China Railway Design Corporation (CRDC) which aimed to support Panama’s existing air transportation and logistical and financial infrastructure.

The analysis showed that building the railway would require six years and $4.1 billion while generating up to 6,000 direct and indirect jobs.

Rodríguez highlighted that developing local labor skills would empower the population to take part in the project while simultaneously addressing unemployment issues.

Once the train starts operations, multiple beneficial projects will become possible. These include links with the Panama–Colón railway and a terminal at Panama Pacifico, as well as hubs in Arraiján and the Aguadulce port, together with the Penonomé trunk line, the Azuero corridor for rum and ethanol, and a slaughterhouse connected to Mensabé port, while new developments in Soná create a tourism and agro-industrial corridor leading to Santa Catalina beach.

The plans include a tourist and passenger stop at Las Lajas as well as a spur and stop at San Lorenzo and a Panama–Boston link together with Puerto Barú as the main logistics node in Chiriquí town and the Caribbean Dry Canal. The trunk line at Puerto Armuelles connects the border for purposes of transshipment as well as tourism and shipyard operations.

Rodríguez projects that the initiative will develop technology clusters along the route through connections between innovation hubs and industrial and agricultural sectors while making it easier for tech businesses to reach markets and resources thus growing the Panamanian logistics ecosystem.

China and Its Investment in Panama

During the forum, Xu Xueyuan, the Ambassador of China to Panama, revealed trade growth statistics between the two nations since their diplomatic ties in 2017 and presented market opportunities China provides to Panama.

Our economic and trade cooperation between our countries has experienced rapid growth. Panama and China achieved $6.38 billion in trade in 2016, which increased to $12.84 billion by 2024. She indicated the direct investment increased from $270 million in 2016 to $1.4 billion in 2023.

The Colón Free Trade Zone sources its products mainly from China, which also ranks as the second-biggest user of the Panama Canal. The country hosts over 200 Chinese businesses.

The ambassador discussed Panama’s geographic advantage, noting its role as a vital pathway for international shipping and a regional logistics center. Infrastructure development and job creation improve population well-being and strengthens Panamanian logistics’ strategic value.

She presented the Belt and Road Initiative, also called the new Silk Road, as a means to increase connectivity between countries in economic, trade, political, and financial domains via infrastructure investment funding.

The successful momentum with Panama developed through Belt and Road Initiative cooperation will continue if political and financial support from the initiative persists.

The ambassador stated that although bilateral relations between the two nations are stable they face complex challenges which neither China nor Panama have generated. The Trump administration repeatedly accused China of meddling in Panama Canal operations which led to political conflict between the two nations.

Representative Xu explained that China sees Panama as a strategic partner to enhance bilateral trade and encouraged businesses to explore export possibilities in the Chinese market with a focus on beef, pork, poultry, fruit, and coffee industries. China plans to keep sending trade delegations to Panama while they participate in trade fairs to discover fresh investment opportunities and strengthen economic partnerships.

Experts suggested that Panama needs to speed up its logistics platform development while advancing strategic projects, including the Panama-David-Border railway, and drawing international investment to boost regional competitiveness through sustainable planning that provides fair benefits throughout the nation.

The Chinese Embassy in Panama organized an event at the Bristol Hotel located in Panama City. Mambriche Media together with Plataforma Event Production and Radio Ancón and GVA Hospitality provided their support.

The mining giant Rio Tinto and Enami have united their efforts to develop lithium resources strategically.

The world’s second-largest mining group Rio Tinto has taken an important step toward strengthening its global lithium market position by forming a key agreement with Chile’s National Mining Company (Enami). According to the new agreement, Rio Tinto now has permission to start lithium extraction operations at the Salares Altoandinos project in Diego de Almagro commune within Chile’s northern Atacama Region.

Three salt flats named Aguilar, La Isla, and Grande make up this project, which seeks to diversify Chile’s lithium production beyond its existing Salar de Atacama region. The latest announcement signals a new development phase for lithium in Chile through joint public-private partnerships and cutting-edge technological solutions.

Billion-Dollar Investment in Northern Chile

Rio Tinto will make an investment of approximately $3.425 billion to obtain a 51% majority stake under this agreement. The significant investment demonstrates the company’s strong belief in the project’s future success while recognizing Chile’s essential role in worldwide energy change.

Jakob Stausholm announced that the project could evolve into a world-class lithium deposit during the official announcement. Our partnership with Enami shows our commitment to responsible development of a crucial resource that will benefit electric vehicle production and renewable energy storage.

High-Yield Lithium Reserves in a Strategic Region

The Atacama Region in Chile stands out as a lithium giant because of its extensive salt flats laden with lithium brines. The Salares Altoandinos project strengthens strategic positioning through exploration of underdeveloped resources believed to hold high-grade lithium reserves.

Rio Tinto launched its second Chilean project this week. The company finalized an agreement with Chilean state-owned copper giant Codelco to jointly develop a lithium extraction project at Maricunga salt flat, which has the second-highest known lithium concentration in the world. The Maricunga agreement intends to bring advanced technology to Chile, which will enhance its position in the international lithium sector.

Direct Lithium Extraction: A New Technological Standard

The Salares Altoandinos project stands out because it plans to use Direct Lithium Extraction (DLE) technology. DLE technology provides an eco-friendly alternative to traditional evaporation ponds, which take years to operate and cause extensive water depletion in dry regions.

The new technology enables the extraction of lithium from brine without the use of massive evaporation ponds, which leads to a substantial reduction in environmental impact. The DLE process achieves higher lithium extraction efficiency from existing brine resources. The adoption of this method represents an essential move toward sustainable lithium in Chile, especially in environmentally delicate regions such as the Atacama Desert.

Strategic Importance of Lithium in Chile

As renewable energy systems and electric vehicles expand globally, Chilean lithium production stands at the center of national and international policy discussions. The second-largest lithium reserves in the world belong to Chile, which produces less lithium than Australia. Lithium-ion battery production depends on the metal to power electric vehicles as well as smartphones, laptops, and other portable electronic devices.

The government of Chile is working towards diversifying lithium extraction operations beyond the Salar de Atacama and boosting public sector involvement. Enami’s collaboration with Rio Tinto embodies their new strategic direction by focusing on sustainable practices and technological integration while expanding mining operations across multiple geographic regions.

Government Support and Policy Framework

The Chilean government unveiled a National Lithium Strategy that aims to achieve environmental protection, along with economic competitiveness and social responsibility. The government’s strategy to explore and develop lithium resources requires expanding the role of state-owned enterprises such as Codelco and Enami.

The partnership between Rio Tinto and Enami matches the strategic goals of the national program. Officials from Chile’s Ministry of Mining have recognized this project as a driver for local job creation and regional infrastructure development while introducing advanced technologies to a key national industry.

The Chilean government works to promote economic growth while making sure indigenous communities and local stakeholders gain from mining activities. The project’s early-phase implementation will include environmental impact assessments and community consultations as essential steps.

Timeline and Production Expectations

The Salares Altoandinos initiative plans to start operations in 2030 and aims to produce 75,000 tons of lithium carbonate equivalent annually. The project will greatly increase Chile’s lithium production capacity while strengthening the country’s standing in the expanding global market.

Rio Tinto plans to start initial exploration activities and environmental studies by 2025, while pilot testing of DLE technology is expected to start in 2026. The project has the potential to become a template for other lithium initiatives throughout Latin America, if it proves successful.

Global Expansion of Rio Tinto’s Lithium Portfolio

Rio Tinto has previously entered the lithium mining sector before this venture. The firm operates lithium development projects in Argentina and Serbia, while the Jadar project in Serbia represents one of Europe’s largest discovered lithium deposits. Rio Tinto advances toward becoming a major force in the global lithium supply chain by acquiring operations in Chile.

The company chose to grow its operations in Chile because of the nation’s superior natural resources and rising global demand for dependable, sustainable critical mineral sources. The worldwide competition for lithium access will lead to more partnerships similar to this one becoming more prevalent.

Conclusion: A Turning Point for Lithium in Chile

The collaboration of Rio Tinto with Enami marks a pivotal moment for lithium in Chile. The country stands ready to extend its leadership position in global lithium production due to large financial investments and government support, along with advanced technology.

The project represents a new age of collaboration between global mining enterprises and Chile’s state agencies to responsibly harness the value of the nation’s abundant natural resources alongside global sustainability targets.

Foreign investors and manufacturers now view Ecuador as a leading destination for business opportunities in South American markets. Industrial parks in Ecuador have developed due to its Pacific coast location and Andean Community membership, as well as multiple trade agreements and progressive infrastructure advances. The industrial parks in Ecuador provide support for manufacturing operations, along with logistics services and agro-processing facilities, as well as industries focused on exporting goods.

Prominent Industrial Parks and Their Strategic Locations

The most prominent industrial parks located in Ecuador include:

• The Zona Franca ZEDE del Litoral (ZFL) free trade zone in Guayaquil connects directly with the Port of Guayaquil to enable smooth export and import operations. The free trade zone specializes in logistics operations alongside assembly and manufacturing services.
• PIQSA industrial park in the Quito serves companies from high-tech sectors and food processing industries plus packaging firms. The location maintains strong connections with Mariscal Sucre International Airport as well as the Pan-American Highway.
• Parque Industrial Calacalí functions as a business park in the Quito area and houses metalworking, chemical, and plastic industries. The park maintains excellent supply chain connections and draws engineering expertise from nearby universities.
• The Parque Industrial Cuenca in Azuay serves as a major production center for ceramics, textiles, and furniture industries. The industrial park benefits from a cost-effective workforce with specialized skills.
• The Parque Industrial de Santo Domingo de los Tsáchilas occupies a strategic position between coastal and highland regions, which enables it to serve exporters of agro-industrial products from Quito and Guayaquil.

Industrial parks in Ecuador provide strategic access to Guayaquil and Manta ports as well as main domestic markets in Quito, Cuenca, and Loja, along with neighboring countries Colombia and Peru.

Infrastructure: Transportation, Utilities, and Connectivity

The government of Ecuador has continuously worked to improve its logistics capabilities and energy systems. Industrial zones connect to seaports and airports through the road network, while the Pacific Corridor provides a major highway system that links Ecuador with Colombia and Peru. Container and bulk shipping facilities are available at Guayaquil and Manta ports, which operate alongside international airports in Quito and Guayaquil that handle air cargo.

Industrial parks in Ecuador benefit from:

• Reliable electricity supply with competitive rates (approx. $0.10–$0.13/kWh for industrial users)
• Widespread fiber-optic internet connectivity
• Access to municipal water and wastewater treatment systems
• Some regions have natural gas pipelines, which remain limited but continue to grow
• Local governments or park authorities typically handle utilities, but private companies deliver more efficient services.

Labor Availability, Cost, and Workforce Development

Ecuador features a youthful labor market, which includes 60% of people aged below 35. Industrial worker salaries average between $450 and $600 monthly, which remains below the pay rates found in neighboring Colombia and Chile. Industrial parks in Ecuador benefit from accessible labor markets in Guayaquil, Quito, Cuenca, and Santo Domingo.

The country’s labor laws require:

• A minimum wage of $460/month (2025)
• Payment of a 13th and 14th salary
• Employees receive 15 days of paid annual leave once they complete their first year of work
• Employers are required to contribute to the Ecuadorian Social Security Institute, known as IESS

Industrial zone labor relations maintain a cooperative atmosphere despite existing union activities, especially in public and legacy sectors. Industrial parks that focus on exports experience only a few labor disputes. Companies access training partnerships via organizations, including SENESCYT and technical institutes.

Incentives, Tax Benefits, and Regulatory Landscape

The Ecuadorian government has established numerous favorable policies to entice foreign and domestic investments.

• Companies operating in special economic zones such as ZEDEs receive income tax exemptions that last up to 12 years.
• Importing raw materials and capital goods into free trade zones faces neither tariffs nor VAT charges.
• Accelerated depreciation of capital goods
• Customs simplification and fast-track export-import clearances

The Ministry of Production, Foreign Trade, Investments, and Fisheries (MPCEIP) is the primary regulatory authority. Industrial parks follow Environmental Impact Assessment (EIA) processes, which the Ministry of the Environment and Water streamlines to manage environmental compliance.

The digital registration of companies along with clear tax administration and local government assistance to industrial operations have greatly improved business operations.

Lease Rates, Construction, and Operational Costs

The leasing cost for industrial spaces fluctuates based on regional location and the quality of industrial parks in Ecuador. Average rates are:

• $3.50–$6.00 per m²/month in Guayaquil and Quito
• Industrial space leasing rates in Cuenca and Santo Domingo range from $2.50 to $4.00 per square meter per month
• Build-to-suit construction expenses range between $450 and $650 per square meter based on material choices and design details. The most affordable building options are steel-framed industrial facilities that offer 6-meter space and basic interior finishing.

Operating costs include:

• Security and facility management: $0.50–$1.00 per m²/month
• Waste management and recycling: Approx. $0.05–$0.10 per kg for industrial waste
• Property taxes and local fees: Varies by municipality, generally modest

Industrial park management firms provide bundled services that improve operational efficiency and cost predictability for their tenants.

Logistics and Freight Costs

Ecuador maintains competitive logistics expenses, and Guayaquil handles containerized cargo operations that manage over 70% of the nation’s maritime trade. Key logistics considerations:

• Domestic freight: $0.06–$0.12 per ton/km by truck
• Export freight to U.S. (East Coast): Export freight to the U.S. East Coast averages between $2,200 and $2,800 per 40-foot container based on early 2025 data
• Freight shipping costs to Asian destinations through Pacific ports amount to approximately $3,500 to $4,200 for every 40-foot container

Industrial parks in Ecuador provide on-site or nearby customs processing facilities alongside 3PL providers and major freight corridor connections, resulting in more efficient delivery schedules and lower transportation costs.

Tenant Mix and Cluster Advantages

Ecuador’s industrial parks feature an increasingly varied tenant mix. For instance:

• Logistics operators, including DHL and assembly firms like Italpinas operate within ZEDE del Litoral
• The PIQSA industrial park in Quito serves as a facility for Nestlé and Belcorp, along with multiple pharmaceutical packaging companies
• The industrial park in Cuenca consists of Graiman (ceramics), Continental Tire, and La Fabril (food products)
• The agro-industrial cluster in Santo Domingo hosts palm oil processing facilities alongside dairy export companies

These clusters create synergistic benefits such as:

• Shared labor pools and training programs
• Supplier integration (plastics, packaging, logistics)
• Lower transport costs through consolidated freight operations.

Industrial parks in Ecuador provide substantial support for multinational companies operating in the automotive parts manufacturing, processed foods production, construction materials, and agro-industrial sectors. Park administrators provide support for permitting processes while they recruit talent and handle utility negotiations to build investor trust.

Environmental Regulations and Compliance

Industrial parks in Ecuador operate mainly within areas designated for commercial and industrial use, although protected zones enforce strict environmental regulations. Requirements include:

• Environmental Impact Assessment (EIA) for new projects
• Wastewater treatment and emissions control
• Hazardous materials management protocols

Numerous parks have adopted ISO 14001 standards or equivalent certifications to fulfill international sustainability requirements set by worldwide clients.

Conclusion

Investors seeking industrial opportunities in Latin America should consider Ecuador as an attractive option. Industrial parks in Ecuador feature robust infrastructure options combined with affordable labor costs and favorable conditions for investors. The nearness of industrial parks to major ports and airports, combined with better logistics networks and expanding industrial clusters, enables export-driven growth.

Businesses can optimize their operations for regional and worldwide markets by aligning their strategies with Ecuador’s economic development policies and utilizing its strategic industrial zones. The country’s industrial future relies heavily on the industrial parks in Ecuador scattered across Guayaquil’s dynamic free zones, Quito’s innovative tech parks, and Cuenca’s mature manufacturing centers.

Through a joint effort between the Office of the President of the Republic and various national institutions, including the Ministry of Industry, Energy, and Mining (MIEM), the Uruguay Innova (U+I) program received its official launch. The ambitious program targets the acceleration of Uruguay’s national innovation ecosystem and seeks to improve its existing research and innovation system through a strategic long-term approach.

MIEM holds a strong belief that science and technology, alongside innovation, serve as vital instruments to improve productivity and competitiveness while acting as essential forces for sustainable and inclusive national development. These are not isolated objectives. These objectives stand as foundational elements of Uruguay’s overarching development vision, which ensures that technological advancement benefits citizens throughout the nation regardless of location.

A Launch Rooted in Strategic Intent

The Uruguay Innova program formally began its operations at the Technological Laboratory of Uruguay’s Innovation Campus on May 21, 2025. The event marked a significant milestone in the nation’s development agenda, gathering a wide array of public officials, academics, industry leaders, and innovators who share a common goal: transforming Uruguay into a regional innovation hub.

Multiple ministries connected to science and innovation sectors provide strong backing to this presidential initiative. The government’s collaborative approach demonstrates its goal to unify efforts and eliminate fragmentation within the innovation ecosystem.

The Ministry of Industry, Energy, and Mining serves as an essential component in the function of this process. The Ministry of Industry, Energy and Mining has established a specialized Innovation Policy Unit headed by Gabriela Schroeder to support its broader mission of advancing innovation policy. The unit ensures coordination among government innovation projects while establishing public-private partnerships and creating systems to turn knowledge into real and fair advances.

Public Investment and Inclusive Development

The present administration at MIEM now champions public-sector-driven innovation promotion as its main strategic approach. The potential for economy-wide multiplier effects exists through strategic public investment funneled through Uruguay’s strong network of state-owned enterprises. This initiative stimulates innovative development throughout public organizations and extends to academic institutions alongside startups and established industries.

The government of Uruguay seeks to enhance competitiveness in the country while modernizing public services and improving life quality through strengthened innovation infrastructure. These innovation policies complement MIEM’s other core goals: The government works to create quality jobs while ensuring balanced development across regions. Uruguay Innova functions as both an innovation policy and a broad framework for economic growth that includes social progress and environmental sustainability while building shared prosperity and national resilience.

Presidential Leadership and Multi-Sectoral Support

President Yamandú Orsi led the launch event, while highlighting strategic coherence as essential for science, technology, and innovation policy. He stated in his address that organizing the existing ecosystem while rationalizing efforts remains the primary goal.

Uruguay needs to develop its innovation strategy by integrating existing programs and research efforts. The South American country needs to develop a national innovation strategy that brings together its strengths to become a leader in smart sustainable development. Uruguay needs to maximize existing achievements while embedding them in a Uruguayan-specific framework, which involves optimizing efforts and aligning objectives and methods, he explained.

The event featured MIEM Deputy Minister Eugenia Villar as well as MIEM’s Head of Innovation Gabriela Schroeder, Ministerial Advisor Rossanna González and Technical Coordinator for Innovation Silvana Ravía among other dignitaries. Their attendance demonstrated the essential cross-ministerial collaboration needed to establish Uruguay Innova as a fundamental element of national policy.

Strategic Pillars of Uruguay Innova

Economist Bruno Gili, the program coordinator, explained its structure at the event. Uruguay Innova is built around four central components: knowledge, innovation, internationalization, and regulatory quality. The program’s four pillars are essential to develop Uruguay’s economic model into one that withstands future challenges and centers on knowledge and innovation.

• Knowledge: The program works to boost national research capabilities through partnerships among universities research institutes and the private sector. The initiative aims to grow the number of researchers and create career development options for young scientists.
• Innovation: This core element extends its support from technological inventions to research commercialization and enterprise digital transformation while enabling new business model development. The program encourages entrepreneurship while supporting emerging technological fields like artificial intelligence and biotechnology.
• Internationalization: Uruguay understands that innovation happens through interconnected systems. The program focuses on joining international research networks and becoming part of global value chains while forming strategic partnerships with innovation centers across Latin America, North America, and Europe.
• Regulatory Quality: Successful innovation depends on supportive legal and institutional frameworks. The component brings necessary updates to Uruguay’s regulatory frameworks, which support innovation while maintaining ethical and social protections.

A New Institutional Architecture

During the launch the establishment of the Secretariat for Science and Knowledge Generation was presented as an important institutional advancement. The newly established body will give advice to the Executive Branch while assisting in the creation of a national framework to produce influential research and strengthen the scientific community.

The Secretariat will establish research platforms that tackle Uruguay’s most urgent issues. Key research areas for the Secretariat include artificial intelligence along with life sciences and sustainable food systems plus national security. The Secretariat plans to collaborate with the Ministry of Education and Culture to align Uruguay’s educational framework with the innovation agenda while preparing young scientists, engineers, and entrepreneurs.

The framework targets national technological and infrastructure demands to make innovation a consistent element of public policy instead of a fleeting project.

Innovation as a National Imperative

The Secretary of the Presidency Alejandro Sánchez confirmed the administration’s position that innovation serves as a key element for fostering equitable development. According to his remarks the Uruguay Innova initiative was described within the campaign platform presented in Colonia. He made it clear that Uruguay needs to enhance its quality of investment and application for innovation throughout different sectors.

Several scientific, business, and policy leaders joined a panel at the event’s conclusion. Álvaro Brunini led ANII as President. Carlos Batthyány directed the Pasteur Institute as its Executive Director alongside Maia Brenner, who managed Flipzen as Executive Manager. Carmen Rossini researched at the University of the Republic’s Faculty of Chemistry as a leading scientist, and Joaquín Morixe served as Vice President of GlobantX. The conversation revealed how private businesses working together with academic research institutions and governmental policies can create a successful innovation-driven economy.

Broad-Based Support and Vision for the Future

Senior officials such as Vice President Carolina Cosse, OPP Director Rodrigo Arim, and Ministers José Carlos Mahía of Education and Culture, Gabriel Oddone of Economy and Finance, and Edgardo Ortuño of Environment attended the launch event. The attendance of high-level officials at the event highlighted a widespread political and institutional agreement on the objectives of Uruguay Innova.

This consensus is vital. The future competitiveness of Uruguay relies on its power to innovate alongside its ability to integrate innovation into the core of its national identity and social agreements. Uruguay Innova functions as a national project that embodies values of inclusion and sustainability while focusing on excellence beyond its status as a government initiative.

Uruguay has established government support for innovation as its top priority and developed essential institutional frameworks to sustain this approach, which positions the country as a frontrunner in the 21st-century knowledge economy. Through its focus on developing new startups and its collaborations with international research bodies, along with technological improvements to public services, Uruguay Innova stands ready to instigate significant transformation in the South American nation.