New Container Terminal in Mexico

APM Terminals has signed a concession contract for 32 years to build and operate a container terminal with an investment of $900 million.

Wednesday, August 1, 2012

The start of construction is scheduled for September. This first stage, at a cost of $300 million, should be completed in 2015.

"The company said, through a statement, that they have signed a concession for 32 years with the Port Authority of Lazaro Cardenas (APILAC) for the design, financing, construction, operation and maintenance of a new and specialized terminal", reported Americaeconomia.com.

The construction company responsible for the works is Mexico's ICA.



More on this topic

Modernization of Puerto Cortés Starts

March 2013

Meetings have started to define the strategies and actions to be taken in order to start the modernization works at the container terminal and general cargo port in Honduras.

The working groups were composed of representatives from the National Port Company (ENP), the Executive Directorate of Revenue (DEI), Banco Ficohsa Workers Union and the ENP COALIANZA.

Filipinos Awarded Terminal in Puerto Cortes

February 2013

The proposal by International Container Terminal Services includes royalties of $19.50 per TEU and $624 million in investment in the first ten years of the concession.

A statement from COALIANZA reads:

The company International Container Terminal Services Inc. submitted the best offer for the New Container Terminal for General Cargo at the National Port in Puerto Cortes

A Container Port in Corozal

January 2012

The Deputy Administrator of the Panama Canal Authority (ACP in Spanish) has announced a plan to create a concession for a container port in Corozal.

The project, announced by Jose Barrios, Deputy Administrator of the ACP, is based on Panama’s advantages as a a focal point for international maritime routes, fueled by the ongoing expansion of the Canal.

Project for Container Port in Costa Rica

December 2010

The National Concessions Council began the process of studying the financial proposal made by APM Terminals.

APM Terminals was the only company to bid for construction and operation of a container port in Moin.

"The National Concession Council has until December 23 to decide whether to accept the proposal and grant concession to the Danish company or declare the process void and prepare a new process," reports Elfinancierocr.com.

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