Source: UPI
ENSENADA, Mexico, Oct. 23 (UPI) -- A decline in trans-Pacific trade has prompted plans for a megaport near Ensenada, Mexico, to be scaled back, officials said.
Mexican Secretary of Communications and Transport Juan Molinar Horcasitas said while the infrastructure project will move forward, "world economic realities" mean it will be smaller, The San Diego Union-Tribune reported Friday.
"It has become necessary to adapt to world economic realities," Horcasitas said. "There is no doubt the project remains viable, but it needs to be redesigned."
The Punta Colonet megaport is now expected to handle at least 1 million 20-foot-long shipping containers annually. That total is less than half the amount of containers the site was originally intended to hold, the Union-Tribune said.
Jose Rubio Soto, who is supervising the megaport project for the state of Baja California, told the Union-Tribune project officials remain committed to the long-term benefits of the port.
"This project is very much alive,"Soto said. "We cannot allow this to be stopped … . We're thinking about the next 50 years."
ENSENADA, Mexico, Oct. 23 (UPI) -- A decline in trans-Pacific trade has prompted plans for a megaport near Ensenada, Mexico, to be scaled back, officials said.
Mexican Secretary of Communications and Transport Juan Molinar Horcasitas said while the infrastructure project will move forward, "world economic realities" mean it will be smaller, The San Diego Union-Tribune reported Friday.
"It has become necessary to adapt to world economic realities," Horcasitas said. "There is no doubt the project remains viable, but it needs to be redesigned."
The Punta Colonet megaport is now expected to handle at least 1 million 20-foot-long shipping containers annually. That total is less than half the amount of containers the site was originally intended to hold, the Union-Tribune said.
Jose Rubio Soto, who is supervising the megaport project for the state of Baja California, told the Union-Tribune project officials remain committed to the long-term benefits of the port.
"This project is very much alive,"Soto said. "We cannot allow this to be stopped … . We're thinking about the next 50 years."
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