World Trade and Communications as Crucial Links in the Development Chain: Modernization of Port of Santos in Brazil

If the poorer countries of the world are to earn the money they need to improve the lives of their peoples significantly, they must find markets not just for their raw materials but for their manufactured goods as well. Adequate systems of transport and communications are therefore vital, not just for the movement of goods but also of people. Tourism has in fact become a key factor in the economic development of many countries. Its social as well as economic value on both the domestic and international levels is growing every year.

Foundations of a new dock being laid in the Port of Santos. Santos which serves central-south Brazil including heavily populated Sao Paulo will be improved and expanded with financial help from the International Bank for Reconstruction and Development (IBRD). It is the Bank's first port project in Brazil and is part of the Government's Five-Year (1971-1975) Programme for the Port of Santos.

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