January 27, 2008

An update on planned Mexican Ports
Source: AMERICAN SHIPPER – CALIFORNIA PACIFIC CONNECTION

SCT- The Transportation and Communications Ministry of the Mexican federal Government has released a study that outlines plans to spend over $1.5 Billion USD on two ports that will impact Southern Arizona.

Punta Colonet, (PC) 150 miles south of Tijuana will receive over $1 Billion USD to create a port capable of handling 5 million TEU’s (20 foot equivalents, making a 40 foot container 2 TEU’s). It is expected that virtually all of these ocean containers will be moved from PC via rail to the U.S. entering near the California/Arizona border area. The Calderón Administration hopes that construction will start by the end of 2008.

Manzanillo II (M2) IN Colima, Mexico will receive over $500 Million to expand the port.

These two projects are part of President Calderón’s National Infrastructure Program to improve Mexico’s road, rail, airport and port transportation infrastructure.

For more information:
See the San Diego Union Tribune article:
http://www.signonsandiego.com/uniontrib/20050814/news_1n14port.html
See Bajainsider.com:
http://www.bajainsider.com/environment/port-punta-colonet.htm
See Portworld.com:
http://www.portworld.com/news/2008/01/70468?gsid=aa18b29eb518e6a6e5c62b5acf7d6c12&asi=1

More later.