Transport & Logistics
From The Report: Mexico 2018
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Mexico’s transport sector is undergoing major expansion, providing increased investment opportunities. Among the ongoing projects is a $13bn international airport in Mexico City, which was originally slated for completion in 2020 but is likely to be delayed until 2023. Work is also under way on a new urban metro system in the capital, and upgrades to the railway and road system. In addition, freight capacity has been expanded at the Pacific seaports of Lázaro Cárdenas and Manzanillo, and major expansion projects are being undertaken at the port of Veracruz. While concerns remain over the impact of the North America Free Trade Agreement renegotiation, the outlook for the Mexican transport and logistics sector remains solid. Mexico has already achieved significant increases in capacity across all segments of its transport system, and while inefficiencies and security concerns will not be resolved overnight, there is momentum to overcome these challenges. This chapter includes an interview with Federico Patiño Márquez, CEO, Mexico City Airport Group.

Articles from this Chapter

Overview

Forward progress: A new airport and urban metro system, along with upgrades to rail, roads and ports, will boost transit and trade capacity
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Mexico’s transport sector is undergoing major expansion, providing increased investment opportunities. Among the ongoing projects is a $13bn international airport in Mexico City (Nuevo Aeropuerto Internacional de la Ciudad de México, NAICM), which was originally slated for completion in 2020 but is likely to be delayed until 2023. Work is also under way on a new urban metro system in the capital, and upgrades to the railway and road system. In addition, freight capacity has been expanded at the…

Interview

Green light: Federico Patiño Márquez, CEO, Mexico City Airport Group, on the progress of the continent’s largest construction project
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Interview :Federico Patiño Márquez Once operational, how will the new airport compare to other major global aviation centres? FEDERICO PATIÑO: Mexico’s excellent geographic location, connecting North and South America, with Europe and Asia to each side, can truly allow the country to become a hub not just for the region, but also for the world. To achieve this, it is important that we provide an airport of the largest possible proportions with a capacity to handle 125m passengers a year.…

Analysis

Wake of expansion: Port upgrades and new international shipping routes to support rising trade volumes
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Mexico is engaged in a major port expansion programme aimed at doubling the country’s freight-handling capacity to 520m tonnes per year. The achievement of this goal is seen as crucial to long-term development given the significance of the segment for the import of raw materials and the export of manufactured products. The expansion of the country’s port system is further necessitated by an increase in port traffic, with the country handling 4.6m twenty-foot equivalent units (TEUs) in 2017, of…