Mexico: Port of Manzanillo adds nearly USD 2 billion in investments from business groups

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The business groups operating in the Port of Manzanillo, in Mexico, have invested more than 35 billion pesos (USD 1.908 billion) to provide it with infrastructure and boost its competitiveness, according to José Antonio Contreras, CEO of Contecon Manzanillo.

The executive of the multinational company stated that “Manzanillo is the number one port in Mexico, consolidated over decades as the main logistics node of the country.”

Contreras highlighted that more than 40% of the containers entering and leaving Mexico pass through its terminals and that it concentrates 70% of the imports arriving on the Pacific coast. Furthermore, he emphasized that the facility has more than 30 gates and five kilometers of railway that connect it directly with Mexico’s industrial and consumer clusters.

The CEO of the maritime facility stated that the private investment in port infrastructure now includes 28 ship-to-shore cranes, 12 mobile cranes, 108 RTGs, 344 tractors and more than 340 forklifts.

“We have the obligation to continue growing and improving, because what is important is what lies ahead,” emphasized Contreras.