Latest News & Reports

“Punta Colonet es un volado”: José Zozaya

Wed, 11 Mar 2009 00:00:00 +0000

El director general de la ferroviaria Kansas City Southern, que se ha visto afectada por la caída en los sectores automotriz y del acero, afirma que lo mejor es invertir en otros puertos.

ICA expects Punta Colonet tender to be launched in 2010

Mon, 09 Mar 2009 00:00:00 +0000

Mexico's largest construction firm, ICA (BMV, NYSE: ICA), does not expect the 50bn-peso (US$3.26bn) Punta Colonet port project, in Baja California state, to be tendered before 2010, the firm's VP of administration and finance, Alonso Quintana, told BNamericas.

Punta Colonet, “invitación al desastre” para la ballena gris

Mon, 26 Jan 2009 03:00:00 +0000

El proyecto más importante del gobierno de Felipe Calderón en materia de infraestructura, Punta Colonet, al sur de Ensenada, amenaza especies endémicas y afectaría la ruta migratoria de la ballena gris, advierten científicos.

Punta Colonet Project in Jeopardy - RIP

Mon, 26 Jan 2009 02:00:00 +0000

As we reported last August, the massive port project planned for the little town of Colonet in northern Baja, has some serious obstacles. To build something of that magnitude in a desolate area with few natural resources would require a Panama Canal-type effort, and although I want the best for Mexico, I’m not sure that this would be a solid plan for their future. The Baja peninsula, with the exception of the corridors from San Jose del Cabo and Cabo San Lucas, and from Tijuana to Ensenada, has been able to remain an environmental wonder - a land that repels man’s incursion grudgingly, with heat and conditions not conducive for mass human populations. You don’t want to get lost in the bad-ass canyons of Baja.

Es oficial: Se retrasa proyecto Colonet

Mon, 26 Jan 2009 01:00:00 +0000

La Secretaría de Comunicaciones y Transportes, oficializa este lunes la modificación de las bases de la convocatoria de la licitación del Puerto de Punta Colonet, retrasándolo tres meses mas, hasta el 24 de abril del 2009, que será la fecha límite para solicitar formulario para registro de interesados.

Debated Baja California, Mexico Port Project put on Hold

Mon, 26 Jan 2009 00:00:00 +0000

A massive port planned for Mexico's Baja California peninsula could be among the latest casualties of the world financial crisis. Luis Tellez, Mexico's head of the Secretariat of Communications and Transportation (SCT), announced last week that authorities decided to postpone contract bidding for the construction of the Punta Colonet terminal slated for a remote section of the Baja California peninsula about 150 miles south of San Diego, California. Tellez said the global economic outlook didn't favor Punta Colonet at the moment.

Imports Plunge Threatens Baja Mexico Port Project

Wed, 21 Jan 2009 00:00:00 +0000

PUNTA COLONET, MEXICO-Mexico's decision to postpone and perhaps cancel development of a massive new container port at this site on the north end of the Baja Peninsula underscores how quickly global shipping has deteriorated in the face of a struggling international economy. The government-sponsored consortium responsible for building the $5 billion project opened preliminary bidding on the project less than a year ago but was forced to retrench in response to a precipitous drop in trade, particularly at ports along the West Coast.

Latin Infrastructure: Changed Focus

Wed, 14 Jan 2009 00:00:00 +0000

The credit crunch will change the focus of Latin America's infrastructure projects, experts say.

Mexico's $5 bln Punta Colonet port project in doubt

Tue, 13 Jan 2009 01:00:00 +0000

MEXICO CITY, Jan 13 (Reuters) - Mexico is looking into whether a $5 billion project to build a Pacific coast container port is viable because of slumping shipping traffic and scarce credit, the government said on Tuesday.

Mexico Postpones Colonet Port Project on Economy

Tue, 13 Jan 2009 00:00:00 +0000

Jan. 13 (Bloomberg) -- Mexico will postpone construction of its planned Punta Colonet port on the Pacific coast, and may scrap the project entirely, as interested bidders struggle to find financing for the $4.88 billion complex.