Primera Página – Agencia de Noticias – Georgetown . – IDB Invest and Guyana Bank for Trade & Industry Limited (Gbti) partnered with Muneshwers, a local transportation and logistics company, to provide a $14 million financing package. The proceeds will be used for two new multipurpose cargo cranes and a logistics warehouse to increase the port terminal’s processing capacity. The financing consists of a $10 million senior loan from IDB Invest and $4 million from Guyana Bank for Trade Industry & Industry Limited. Located at the Port of Georgetown, the project will increase trade flows by helping Muneshwers increase cargo handling capacity from 30,000 20-foot equivalent containers per year to nearly double by 2025. Robin Muneshwer, chief executive officer of Guyana’s Logistics Manager (Gysbi) The improved port infrastructure will also raise productivity by increasing berthing movements for cargo from different parts of the world, including Suriname, Trinidad, Colombia and Panama. IDB Invest also provided a $4 million loan to the company a few months ago to acquire its first mobile crane. The agency will also support Muneshwers to improve sustainability and energy efficiency through technical and economic feasibility studies. The objective is to implement a solar photovoltaic system on the roofs, as well as storage aimed at increasing resilience.