ENSENADA – Traveling to a remote coastal community 150 miles from the U.S. border yesterday, President Felipe Calderón formally announced the bidding for Mexico’s $5 billion rail-and-seaport project at Punta Colonet. Billed as the most ambitious infrastructure project of Calderón’s administration, the port would open a new trans-Pacific route for Asian products headed to the American heartland. It would capture some of the trade that now heads to ports at Long Beach and Los Angeles, which both face congestion. The Punta Colonet container ship project “is one of those that truly transforms and revolutionizes the productivity of the country,” Calderón ….Read More
