en.Wedoany.com Reported - Companies affiliated with the Manzanillo Terminal and Port Operators Association (ASTOM) have announced plans to invest $1.4 billion between 2026 and 2030 to expand the capacity and upgrade infrastructure of Mexico's Port of Manzanillo. SSA Marine México CEO Manuel Fernández unveiled this investment plan during a public event marking his assumption of the chairmanship of the business organization.

The investment plan includes expanding and modernizing concession terminals, introducing new technologies, procuring equipment, and implementing new infrastructure projects, all aimed at enhancing port operational capacity to meet the demands of growing foreign trade.

Fernández stated that this new investment plan reflects the long-term commitment of private operators to Manzanillo. Since obtaining concessions, ASTOM member companies have invested a cumulative total of approximately $1.8 billion in developing logistics, port, and maritime infrastructure.

Part of the new investment will be used to introduce technologies employed by world-class ports to improve cargo handling efficiency and strengthen logistics connectivity within the port area.

The unveiling of ASTOM's new leadership comes amid port expansion, driven by new public and private investments and increased demand resulting from the shift of supply chains to North America, a trend that has added pressure on the port system's capacity.

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