The Mexican conglomerate, Caxxor Group, is aiming to develop a port and storage facility in Tamaulipas state, along the route of the planned $3.3bn T-MEC corridor linking Mexico and Canada via Louisiana port in Mississippi.
CEO Carlos Ortiz, said: “The US government vision is that its port in Louisiana be part of the [T-MEC corridor] route. We are proposing to develop the Matamoros port. We have not advanced much yet, but our vision is that all development in the Atlantic remains in Mexico.”
The new port adds to previously announced Mexican corridor projects. These include a new floating rail line and four industrial parks totalling around $600m, two of which will be built in Coahuila state and two in Durango state.
Aside from two dredging tenders, authorities have not yet launched another project related to the Matamoros port expansion.
For more information visit www.caxxor.com
