Contecon Manzanillo (CMSA), International Container Terminal Services, Inc.’s (ICTSI) subsidiary in Mexico, recently commenced the third phase of its expansion project, which will increase its capacity from 1.4 million to more than 2 million TEUs within the next five years.
CMSA chief executive officer, José Antonio Contreras led the project inauguration together with Colima governor Indira Vizcaíno Silva, commander Rubén Alfonso Suárez of the 10th Naval Region, admiral José Rafael Ojeda of the Marine Ministry and ASIPONA Manzanillo general director Salvador Gómez Meillón.
The third expansion phase will enable the Port of Manzanillo – a key port on the Pacific Coast of Mexico – to expand its operational capacity and cater to the country’s current and future foreign trade requirements.
“Manzanillo is the most important node of international logistics in the Pacific Coast of Mexico and it will continue to be so. We are convinced that this expansion, as well as the construction of land access to the northern zone of the terminal and the acquisition of new inspection equipment for Customs, will consolidate and strengthen the port’s position among competitors,” commented Contreras.
“This port is designed to meet present and future needs, as well as handle 400-meter ships. If the port wins, we all win – from our clients to the families of our employees,” Contreras added.
According to ICTSI, the ambitious investment plan for 2022 to 2025 would cost more than US$230 million, which will mainly be utilised to upgrade shipping and terminal infrastructure, storage yards and equipment. The capacity increase to two million TEUs will position Contecon as the largest terminal on Mexico’s Pacific coast.
“This expansion will serve the growing demand that persists in the Port of Manzanillo, which will undoubtedly reflect better employment opportunities and living conditions not only for the people of Manzanillo, but also for the people of Colima. The Government of Colima is ready and willing to help the development and economic activity of businesses that yearn, like us, for the well-being of the population,” stated governor Silva.
