Mexico''s transport ministry plans to coordinate investment of US$666m in the country''s 16 ports. Of this, US$479m will be privatesector investment and the rest raised from public sources and invested by the port authorities. Altamira, with a total investment of US$322m, will be the main beneficiary scooping 48.4% of the total investment package.
In keeping with the rest of North Africa, the two Spanish Moroccan enclaves of Melilla and Ceuta believe that there is still money is to be made from developing major container transhipment hubs. However, their desire to break into this market is being driven by other factors, too.
Lazaro Cardenas, for which US$107m is allocated, will be another major investment target. In third place, Veracruz will have up to US$51m to invest, while Manzanillo has been allocated US$49m.
