Mexico is committed to building the largest container port in Latin America.

        Mexican President Claudia Sheinbaum recently stated that she is overseeing the large-scale expansion project of the Port of Manzanillo, Mexico's largest and most strategically important seaport, with a commitment to transforming Mexico into a leading maritime hub in the Latin American region. Upon completion of the expansion, the Port of Manzanillo is expected to leap to become the largest container port in Latin America and rank among the top 15 container ports globally. It is projected to generate an annual revenue of $488 million and create 65,000 new jobs. The Port of Manzanillo is located on the Pacific coast of the Mexican state of Colima. It is Mexico's largest port and the third-largest port in the Latin American region. Data shows that currently, approximately 150 cargo ships arrive at the port each month, with an annual revenue of about $156 million. In the first quarter of this year, the total container throughput in Mexico reached 2.283 million twenty-foot equivalent units (TEUs), a year-on-year increase of 3.1%. Among them, the throughput of the Port of Manzanillo was 979,400 TEUs, a 2.2% increase compared to the same period in 2024, setting a new high for the same period in history. At the end of last year, the Mexican government officially announced the launch of the expansion project of the Port of Manzanillo. The investment scale of this project exceeds $3 billion, and it is expected to be fully completed by 2030. The expansion plan will expand the port area of the Port of Manzanillo from 450 hectares to over 1,800 hectares and add four dedicated container terminals. The annual throughput will be significantly increased from the current approximately 4 million TEUs to 10 million TEUs. Industry analysts believe that the expansion project of the Port of Manzanillo is one of the key projects for Mexico to promote infrastructure modernization. Facing the current complex and volatile global trade situation, the Mexican government is making efforts to promote economic transformation and growth and increase public investment. The Mexican government has proposed that by vigorously developing infrastructure construction such as ports, highways, and railway transportation, Mexico will gradually be developed into a more competitive manufacturing, logistics, and innovation center in the Latin American region. Julieta Juárez Ochoa, the commercialization manager of the Port of Manzanillo, introduced that currently, most of the imported products arriving at the Port of Manzanillo originate from Asia, mainly to meet the needs of Mexico's domestic manufacturing industry. The improvement of the freight throughput capacity of the Port of Manzanillo will better meet the demand for foreign trade growth, accommodate more container ships from countries such as China, further improve the turnover efficiency of Mexico's imported intermediate goods and exported finished products, and help Mexico play a greater role in global trade.