Bay of Montevideo
The bay has a round shape, approximately two and a half miles in diameter in low tide and a very secure port apt for boats with a deep draft. On its west side, is the Cerro de Montevideo crowned by the fortress of the same name with a lighthouse which dominates the landscape.
The Port of Montevideo annually receives many passengers and cargo. It is one of the major ports of South America and plays a very important role in the economy of Uruguay. The port's proximity has contributed to the installation of various industries in the area surrounding the bay, particularly import/export businesses, and business related to port activity and naval activity. Because of the density of industrial development in the area surrounding the port, the residential popularity is relatively low. The main environmental problems are subaquatic sedimentation and air and water contamination.
The port has been growing rapidly and consistently at an average annual rate of 14 percent due to an increase in foreign trade. The city has received a US$20 million loan from the Inter-American Development Bank to modernize the port, increase its size and efficiency, and enable lower maritime and river transportation costs.
- "Puertos de Montevideo". World Port Source. Retrieved November 27, 2010.
- "Puertos Comerciales del Uruguay – Montevideo". Administracion Nacional de Puertos. Archived from the original on 21 December 2010. Retrieved November 27, 2010.
- Pierre Gautreau. "La Bahía de Montevideo: 150 años de modificación de un paisaje costero y subacuático" (PDF) (in Spanish). Archived from the original (PDF) on January 12, 2016. Retrieved November 27, 2010.
- "Uruguay grts IDB financing to modernize the port of Montevideo". Inter-American Development Bank. Retrieved November 27, 2010.
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