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MEXICO: $150,000,000 INVESTMENT AIMED AT UPGRADING PORT INFRASTRUCTURE, SECRETARIAT OF STATE FOR TRANSPORT AND COMMUNICATIONS & INTEGRATED PORT ADMINISTRATORS (APIs) [MEXICO] - Order #: 075199.
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WWP-Business Opportunities in Latin America & theCaribbean
- Article date:
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July 1, 1999
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Copyright informationCOPYRIGHT 1999 Worldwide Projects, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PROJECT OVERVIEW:
The Mexican SECRETARIAT OF STATE FOR TRANSPORT AND COMMUNICATIONS is currently said to be planning to invest over $150,000,000 in order to upgrade the country's antiquated ports. Of this amount, some $100,000,000 is expected to be channelled into state-run Integrated Port Administrators (APIs) which are based in Mexico's 15 most active ports. These expenditures will be for: - Infrastructure upkeep; - General construction works; - The acquisition of new equipment.
In addition Mexico's busiest port, Veracruz, will receive about $35,000,000 while Manzanillo and Coatzacoalcos will get $17,000,000 and $13,000,000 respectively.
COPYRIGHT (Cr) by WWP ...
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