.. WHILE DEVELOPMENT CONTINUES AT OTHER MEXICAN PORTS

The Chinese Zhe Jiang consortium has announced that it is to invest in a new distribution development at the port of Progreso, from where containers will be rotated out to markets in both the US and the Caribbean. The project to build the new zone is being headed by Grupo Balam 2004 and Plataforma Logistica de Zaragaoza (Plaza), which aim to initially sink $20m into new facilities, with a 400ha site to be developed for warehousing and logistics over the medium to long term.