Manzanillo container terminal project, Mexico
Name and Location
Manzanillo container terminal project, Colima, Mexico.
Client
Contecon Manzanillo, a wholly owned subsidiary of International Container Terminal Services.
Project Description
The project involves the development of a 650 000 twenty-foot equivalent unit container terminal at the Port of Manzanillo, Colima, on the central west coast of Mexico.
Value
The cost of the project is estimated at $378-million and will be funded with about $113-million in equity and about $265-million of debt.
Duration
Not stated.
Latest Developments
The International Finance Corporation has been approached to provide a loan of up to $75-million.
Inter-American Development Bank is considering an investment of $75-million.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
Contecon Manzanillo, tel + 52 314 331 1400 or fax + 52 314 331 1400.
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