Mazatlán to be expanded
Mexico’s Secretary for Transport and Communications has announced that a tender is to be issued shortly for a $16m expansion of the Port of Mazatlán.
Modernisation of Mazatlán will involve dredging from the entrance of the port into the basin and the construction of the Crestón and Chivos breakwaters.
Significantly, Guillermo Ruiz de Teresa, the coordinator general for ports and the Merchant Marine said that a new investment model would be pursued, permitting the use of a special fund to help drive such projects forward in future.
The plan is that, by the end of 2018, the state will no longer be needed to provide direct infrastructure finance for ports.
In 2016, federal ports obtained revenue of $23m, up 14.4% over 2015. Part of this surplus will be made available to the proposed fund to provide capital investment for ports.
LATEST PRESS RELEASES
In 2016 we were awarded with the supply of fender systems for the entire new port of Turkmenistan's ... Read more
SOGET and Microsoft: a strategic partnership for a secure digitization of ports in France and worldwide
SOGET, world specialist in Port Community Systems (PCS), and Microsoft, world leader in technology, ... Read more
The new Echoscope® 4G Performance Pack Upgrade presents an opportunity for our existing customers to... Read more
Coda Octopus Products Selected to Collaborate on One of Five Premier Scottish-Japanese "Joint Ocean Innovation" Strategic Subsea Projects
The Nippon Foundation and Scottish Enterprise R&D Program provides funding of up to $32 million over... Read more
ShibataFenderTeam permanently sustains and develops its agent network. Read more