Nov 27, 2014
Three new ports to be built in the Gulf of Mexico
Southern Pulse: The Secretary of Communications and Transport (SCT) announced the construction of three new strategic ports in the Gulf of Mexico to accommodate the impact energy reforms will have on the country. In addition, the SCT revealed plans on 23 November 2014 to modernize and expand existing ports on the Gulf and the Pacific at a cost of several billion dollars. The Coordinación General de Puertos y Marina Mercante (CGPMyM) under Guillermo Ruiz de Teresa at SCT, expects to invest US$95 million to upgrade the Matamoros port in Tamaulipas, including construction of a dock that can handle new larger ships. Mexico hopes to become a logistical hub for goods in transit to move more efficiently. Read more.