Mexico to spend $1.6bn on port expansions
10 December 2024
Mexico’s new president Claudia Sheinbaum said her government will spend $1.6bn expanding six seaports to promote industrial growth.
On the Pacific Coast, the ports of Manzanillo, Ensenada, Lázaro Cárdenas, and Acapulco de Juárez will get a makeover.
Veracruz and Progreso on the Atlantic side will be upgraded.
Manzanillo, Mexico’s largest, will get the biggest overhaul.
Between now and 2029, $671m will be spent building two fuel terminals, four container terminals and a dedicated dock for large fishing vessels.
A customs precinct with the capacity to attend to 10 million shipping containers a year will also be added.
At Progreso, a $357m project will develop an 80ha area with a new shipyard and a range of terminals, including ones for LNG and petroleum.
A $393m project at Lázaro Cárdenas will double annual container handling capacity from 4 million to 8.2 million.
Related
-
Gabon gets $3.2bn loan to build power stations, railway and factories
3 July 2025
-
UK government unveils solar roadmap, outlines steps to 47 GW by 2030
2 July 2025
-
Guyana launches net billing scheme for rooftop PV
1 July 2025
-
Poland advances onshore wind farm bill
30 June 2025
-
Bangladesh slashes import duty on solar inverters
27 June 2025
-
Slovenia preparing hydrogen action plan until 2030
23 June 2025