Hutchison Port Holdings Invests $400 Million Dollars In Mexico

Hutchison Port Holdings invests 400 million dollars in Lázaro Cárdenas
Business - Thursday, February 3, 2011 (18:18 hrs)




•G January over 600 thousand jobs direct

The online Financial


Mexico, Feb. 3 .- The port operator Hutchison Port Holdings (HPH) began investing $ 400 million in developing the second phase of the expansion of the Specialized Container Terminal Port of Lázaro Cárdenas (LCT).




The works, which will conclude in October, includes the construction of a pier 300 feet long, increasing to three the berths, in addition to the expansion of switching and storage yards in eight hectares, which will increase terminal capacity to 1.4 million TEUs.



Also, the investment will generate more than 600 thousand direct jobs and another 14 000 500 indirectly.



Jorge Leconte, director of HPH Division for Latin America said that "the second phase expansion of CTL was done according to the National Infrastructure Plan and in order to have time with the infrastructure to address the movement of containers in the Pacific Mexican, even showing an increase due to economic recovery. "



In a matter of port equipment, just arriving at the port from Shanghai Michoacan, two new cranes ZPMC the latest Super Post Panamax, which was invested about 30 million dollars, which will allow the terminal to operate 210 containers time on their docks.



In addition, last week purchased 22 new tractors LCT backyard and trailer for equipment, unique in Mexico for its capacity of more than 70 tons of drag and unique design for container handling.



"Through these investments in new high-tech equipment, facilities and innovation based on customer-oriented electronic processes, LCT allows faster evacuation of cargo in the national port system, which means greater competition for users," said Alfredo Huesca Sanchez, general manager of the terminal. (With information from Finsat / Nicholas Lucas / JJJ)