As this sleepy Mexican village is transformed into a major shipping port, domain values will soar in value
Tuesday, May 18, 2010
Mexican Bureacracy Holding Up Port Projects Nationwide, Columnist Says
The Mexican government agency responsible for overseeing construction and operations of seaports has delayed more than $10 billion worth of infrastructure projects, not counting the delayed Punta Colonet mega-port project, according to Excelsior columnist Dario Celis. Twenty-seven projects, including construction of five new ports (Punta Colonet, Manzanillo, Veracruz, Seybaplaya and Puerto Madero) in the National Infrastructure Plan are affected. Celis blames General Coordinator of Ports & Merchant Marine Alejandro Chacon for much of the delay, writing that Chacon has not been sufficiently engaged in the process to resolve legal issues and clear away bureaucratic roadblocks.