The Government of Mexico will soon issue a tender for a $16m expansion project at the Port of Mazatlan on the Pacific coast.
Guillermo Ruiz de Teresa, the country’s Coordinator General of Ports and Merchant Marine, announced the news when touring the port in a delegation of politicians.
He also announced a new investment scheme that uses a special fund for future improvements at the nation’s ports.
The fund’s money will come partly from surplus revenue generated at the ports.
In the case of Mazatlan, in the state of Sinaloa, the funding model is already in use for some of the planned investment.
Upgrades for Mazatlan include dredging from the port entrance into the basin and constructing of breakwaters.