Business
Mexico seen as global logistics hub




Guatemala (Notimex) -- With strong infrastrcuture investment, Mexico is on its way to becoming a global logistics hub, said Jorge Durán, Secretary of the Inter-American Ports Commission.

"President Enrique Peña Nieto's plan to reach that goal is going in the right direction," Durán told Notimex.

Port infrastructure investments have reached $4 billion. By the end of 2018, Mexico will have an installed capacity of 500,000 tons, he added.

At the beginning of the current administration, the installed capacity was 218,000 tons.

Durán said that Mexico is preparing for a recovery in global trade after the economic crisis from a few years back, and that is why the country can become a global logistics hub.

Durán said that one of the main challenges for ports in the region is to keep up to date with technology changes.

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