EPN announces investment of US$3.32 billion in Mexican ports

President Enrique Peña announced a public-private investment of more than 62 billion pesos (US$3.32 billion) during his administration to improve Mexican port facilities.

"One third of the merchandise in our country is transported by sea, so we are working to have top-nothc port facilities. We have gone from an operational capacity of 279 million tons in 2012 to 370 million today, and the goal is to surpass 500 million tons by the end of this administration," President Peña Nieto said.

Accompanied by the governor of Colima, Ignacio Peralta, the president said that to achieve this goal 25 projects are being developed to consolidate two port systems: in the Gulf of Mexico -with the new port of Veracruz and Altamira- and the Pacific, apart from modernizing the ports of Manzanillo and Lázaro Cárdenas, Michoacán.