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Mexico to spend $1.6bn on port expansions

President Sheinbaum made the announcement last week (Government of Mexico)
President Sheinbaum made the announcement last week (Government of Mexico)
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.

The port of Ensenada includes a cruise terminal (Cesar Bojorquez/CC BY 2.0)
The port of Ensenada includes a cruise terminal (Cesar Bojorquez/CC BY 2.0)

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.

San Diego Fort in Acapulco (Eefren/CC BY-SA 4.0)
San Diego Fort in Acapulco (Eefren/CC BY-SA 4.0)

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.

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