by Manal barakat, SeaNewsEditor
Mexico is undertaking significant infrastructure projects to boost its economy and enhance its position in global trade.
One of the projects is the expansion of the Port of Manzanillo, Mexico's largest seaport.
This project is expected to be a key initiative aimed at transforming the port into the busiest maritime hub in Latin America.
The port, located on Mexico's Pacific Coast, is set to handle up to 10 million TEU per year, a substantial increase from the nearly 4 million TEU processed in 2024.
According to a Reuters report, Julieta Juarez Ochoa, the Commercialisation Manager of Manzanillo Port, said that the US tariffs haven't slowed trade at the facility.
"The majority of imports arriving at Manzanillo come from Asia and are largely used in domestic manufacturing," said Juarez Ochoa.
Logistics and transportation companies are also investing heavily in Mexico.
Canadian railway Canadian Pacific Kansas City (CPKC) is launching a reefer train service to transport processed goods north and proteins south, with plans to invest USD 4.24 billion in Mexico this year.
Latin American media Mundo Maritimo reports that the railroad aims to expand facilities and terminals along its extensive network across the US, Canada, and Mexico.
However, prolonged tariff uncertainty has affected investor sentiment, with some companies scaling back their expansion plans due to fears of new export tariffs.
In addition to port expansion, Mexico plans to invest nearly USD 18.9 billion in road infrastructure through 2030.
This year, about USD 3.2 billion will be allocated to priority works and ongoing road initiatives.
The projects will target high roads, bridges and interchanges, rural road rehabilitation, and routine maintenance of the federal network.
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