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Mexico’s Rising Port Cargo Traffic Highlights Infrastructure Needs

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JOC Staff | Jun 28, 2013 1:30PM EDT

Mexico’s port cargo traffic is expected to increase 80 percent to 508 million metric tons per year by the end of the government’s current six-year administration in 2018, compared with the current 282 million tons of cargo moved annually, according to an official from Mexico’s Ministry of Communications and Transportation in a Spanish-language announcement.

The rising demand for port services will increase the need for new cooperation between the public and private sectors, Guillermo Ruiz de Teresa, the nation’s general coordinator of ports and merchant marine, said at the Reunión Nacional de Communicaciones y Transportes 2013, hosted by the Mexican Chamber of Construction Industry.

Ruiz de Teresa explained that currently businesses focus on the construction and operation of specialized terminals, but the Mexican government wants to further promote the development of basic infrastructure, such as work on breakwaters, dredging, protection and access and maintenance of terminals. As a result, the government plans to explore public-private partnerships to strengthen basic infrastructure in the ports of Veracruz and Mazatlán.

Ruiz de Teresa added that in the “medium term,” the government expects to see increasing participation of the private sector in other areas too, such as logistics infrastructure, scrapping facilities and shipbuilding.

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Taken from The Journal of Commerce: http://www.joc.com/port-news/international-ports/mexicos-rising-port-cargo-traffic-highlights-infrastructure-needs_20130628.html

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This entry was posted on June 28, 2013 by in News Articles and tagged , , , , , , , .
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