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APM Terminals invests billion amounts in Mexican terminal

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APM Terminals Mexico has initiated a comprehensive modernization of the container terminal in Puerto Progreso, Yucatán. The investment amounts to approximately 3 billion pesos – around 1.1 billion Danish kroner – over the next 19 years.

The plan includes upgraded infrastructure, new equipment, and the implementation of advanced technology, which will ensure more efficient operations, higher safety standards, and increased sustainability.

“I am proud of the long-term project at APM Terminals Yucatán – a crucial step in the modernization of infrastructure, increased capacity, and the strengthening of Mexico’s position in global trade. This investment introduces new equipment, smarter terminal design, and supports our decarbonization strategy. It also sharpens our focus on improving safety, service quality, delivery, and cost efficiency – all based on Lean principles that help us continuously improve operations,” says Keith Svendsen, CEO of APM Terminals, in a press release.

According to Beatriz Yera, Managing Director for APM Terminals Mexico, the investment will contribute to Yucatán’s economic development and make Puerto Progreso a benchmark for innovation and technology in the region’s ports.

A memorandum of understanding with the state government will ensure close collaboration on the development, which is expected to create both growth and new jobs in southeastern Mexico.

-emte

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