Apr 22
Local officials say a new port will generate about 5,000 jobs when it opens in southern Puerto Rico next year.
Ponce mayor Maria Melendez says that a group of U.S. and South Korean investors, known as UCW America, plan to start hiring port administrators in January.
They will spend $48 million on roads to the harbor.
Melendez on Wednesday said the $600 million Port of the Americas will be one of the region's largest seaports.
Originally due to open in 2006, it will compete with existing ports in Jamaica, the Bahamas and the Dominican Republic.
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