President Enrique Peña Nieto inaugurated the Hazesa de Manzanillo Multipurpose Terminal and the Pez Vela-Jalipa Highway in the state of Colima.
A third of the cargo transported in Mexico is sent by sea. The government is therefore working to build top-quality port facilities.
Operating capacity has risen from 279 million tons in 2012 to 370 million today. The goal is to exceed 500 million tons by the end of the current administration.
To achieve this, 25 major projects have been developed to consolidate two port systems: one in the Gulf of Mexico (the new port of Veracruz and Altamira) and another in the Pacific (Manzanillo and Lázaro Cárdenas).
“By the end of this administration, these projects will have involved public and private investment of over 62 billion pesos.
Manzanillo in the Port Sector
The port of Manzanillo has featured heavily in efforts to modernize the sector and improve its connectivity. In November 2013, the first stage of the Specialized Container Terminal (TEC-II) was inaugurated.
The president today inaugurated the Automated, Non-polluting Multi-purpose Terminal, which streamlines bulk loading and unloading, reducing freight costs and times in the logistics chain.
"It has involved private investment of 1.2 billion pesos, by a 100% Mexican, 100% Colima company.
Pez Vela-Jalipa Highway
The expansion of the Pez Vela-Jalipa Highway was also inaugurated, which will improve traffic for container carriers arriving or leaving the port.
"With 749 million pesos in federal investment, it will benefit over 163,000 inhabitants of the municipality of Manzanillo and the town of Jalipa.”
This terminal consolidates Manzanillo as the gateway to the Interoceanic Economic Corridor of the Center. It is strategically positioned to leverage our international trade, especially that resulting from the TTP.
This new terminal and the works in progress, demonstrate the confidence investors have placed in the country's economy.
They also confirm Mexico's decision to remain an open economy, which promotes and defends free trade, as a source of growth and prosperity for nations.”