The Ports America Group, a unit of US-based AIG, has officially opened a new inland 'intermodal hub' terminal at the Toluca industrial zone 65 kilometres west of Mexico City.
The Puerto Mexico Intermodal Facility offers multi-modal terminal services and on-site customs and bonded warehousing facilities to ocean carriers, railroads, inter-modal and logistics service providers.
The new terminal was purchased by the Marine Terminals Corp. (MTC Holdings) before it was merged into the Ports America Group.
Reports say Ports America wants Puerto Mexico to be a gateway for services to and from the Mexican ports of Lazaro Cardenas and Manzanillo, Mexico's central valley and Laredo at the US border.
The 130 acre facility has been designed to handle more than 150,000 TEUs per year and two million tonnes of cargo.
Officials say the new terminal "essentially doubles the inter-modal capacity available to the greater Mexican central region and alleviates a major bottleneck in the central valley supply chain."
Other than storage, cross-dock and transshipment loading and unloading, the new terminal has also been slated to be a vehicle distribution center.
AIG Highstar Capital managing director Christopher Lee said the opening marks “the beginning of what is expected to be a period of large and sustained infrastructure investment in Mexico.”
Mexico's Secretary of Communications and Transportation Luis Tellez said the Puerto Mexico facility reached "the level of competitiveness that our country needs."
The Puerto Mexico Intermodal Facility offers multi-modal terminal services and on-site customs and bonded warehousing facilities to ocean carriers, railroads, inter-modal and logistics service providers.
The new terminal was purchased by the Marine Terminals Corp. (MTC Holdings) before it was merged into the Ports America Group.
Reports say Ports America wants Puerto Mexico to be a gateway for services to and from the Mexican ports of Lazaro Cardenas and Manzanillo, Mexico's central valley and Laredo at the US border.
The 130 acre facility has been designed to handle more than 150,000 TEUs per year and two million tonnes of cargo.
Officials say the new terminal "essentially doubles the inter-modal capacity available to the greater Mexican central region and alleviates a major bottleneck in the central valley supply chain."
Other than storage, cross-dock and transshipment loading and unloading, the new terminal has also been slated to be a vehicle distribution center.
AIG Highstar Capital managing director Christopher Lee said the opening marks “the beginning of what is expected to be a period of large and sustained infrastructure investment in Mexico.”
Mexico's Secretary of Communications and Transportation Luis Tellez said the Puerto Mexico facility reached "the level of competitiveness that our country needs."