CHIAPAS

International operator Hutchison Port Holdings, already with port interests in Mexico, is one party known to be looking at new port development together with various logistics operators in order to establish “cargo pipelines” into the US.

Minera Caracol is to invest US$7m in a bulk minerals terminal at Chiapas in Mexico. The terminal will cover an area of 60,000 sq metres and be capable of handling 8,000 tons of minerals within a given 24-hour period. The expectation is that minerals currently using the port of Salina Cruz will henceforth move to Chiapas.