The Mexican government has earmarked US$4.34 billion to help realise a variety of projects in the country’s port sector, according to a statement released by Mexico’s transport and communication ministry, SCT, reports Port Technology.
The proposed projects include the build of two new ports, the construction of 12 specialised terminals, a cruise ship terminal, six port expansions and infrastructure for new short-sea shipping services, SCT ports director Guillermo Ruiz de Teresa told BNamericas.
Further details of the proposed projects are due to made public upon the release of the national infrastructure plan. Key projects expected to be named as part of the publication include the redevelopment of the Ports of Veracruz and Guaymas and a dedicated cruise terminal at Puerto Vallarta.