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Port investments to top US$747mn by year-end, minister says (Mexico)
Mexico will have invested over 9.2bn pesos (US$747mn) in modernizing and improving port infrastructure by end-2010, according to transport and communications (SCT) minister Juan Francisco Molinar.


SCT is committed to working closely with the International Maritime Organization to improve both the safety and sustainability of its ports, the ministry said in a release.


Upgrades and improvements have been carried out this year at many of the country's ports, including Tampico, Altamira, Tuxpan, Veracruz, Progreso, Mazatlan, Manzanillo, Guaymas and Lazaro Cardenas.


Molinar was speaking at a ceremony to commemorate Mexico's celebration of World Maritime Day, created by the UN to celebrate the industry's contribution to the world economy.

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