Mexico’s
Ports
infrastructure:
present &future
Embassy of Mexico
to the Kingdom of Belgium
& the Grand Duchy of Luxembourg
Sandra Fuentes-Berain
Ambassador of Mexico
Alejandro Saldívar
Embassy of Mexico
ProMexico Director
Into the future,
together...
1
Mexico: Economic framework
•Mexico’s GDP grew 3.3% in
2007, 1.3% in 2008.
•The expected contraction for
2009 is 7%
•Inflation was 5.72% in 2008, one
of the lowest in the American
Continent. 2009 will see a less
than 4% inflation.
•Foreign reserves reached
maximum historical levels
Due to our solid financial system, our domestic market is
greatly supported through consumers, housing and
enterprise credit
Source: International Monetary Fund
2
Mexico: Economic framework
Foreign Direct Investment
Mexico: 1999-2008 (million dollars)
$29,528
$30,000
$25,000
$20,000
$15,000
•In 2007, Mexico received:
23.2 billion dollars in FDI
$23,017
$18,001
$23,230
$22,876
$20,823
$19,225
$18,589
$16,591
•2008 US$ 20.6 billion (FDI)
•2009 US$ 16.1 billion (est) (FDI) a
decrease of 23% (OECD average
decrease 46%)
$13,734
$10,000
•Labor productivity rose 10.7%
between 2004 and 2007
$5,000
(while labor productivity in U.S. grew 6.4%)
$0
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
Mexico has received US$84 bn in FDU since 1994
9.000 European companies operating in Mexico
Source: Secretaria de Economia de Mexico
3
Mexico: Economic framework
2008 GDP and Per Capita GDP
Country
United States
2008 Top 15 economies in the World
GDP
GDP per Capita
Billions Dlls
Position
Dollars
Position
14,334
1
47,025
17
Japan
4,844
2
37,940
24
China
Germany
France
United Kingdom
4,222
3,818
2,978
2,787
3
4
5
6
3,180
46,499
48,012
45,681
105
18
15
20
Italy
2,399
7
40,450
23
Russia
1,779
8
12,579
53
Spain
1,683
9
36,970
25
Brasil
1,665
10
8,676
65
Canada
India
Mexico
Australia
Corea
1,564
1,237
1,088
1,069
953
11
12
13
14
15
47,073
1,043
14,300
50,150
19,638
16
137
58
13
39
Source: International Monetary Fund
5
Mexico: Economic framework
A big future…
Prospective GDP in 2050
2012
(Billions of 2006 dollars)
$70,000
$35,000
Vision
•
5% Economic growth
•
800,000 jobs a year
•
Per Capita income of 11,530 USD
•
Climb 14 spots in the WEF
competitiveness ranking
•
17,000,000 additional tourists a year
$30,000
$25,000
5th Largest economy
in the world
$20,000
2030
$15,000
$10,000
Germany
U.K.
Japan
Indonesia
Russia
Mexico
Brazil
India
US
$0
China
$5,000
Source: The N-11: More Than an Acronym, Goldman & Sachs, March 2007.
Vision
•
Per capita income of $29,000 USD
•
To be part of the Top 20% in
competitiveness
•
Latin America’s leader in infrastructure
•
Nonexistent nutritional poverty
•
Minimum education of 15 years
•
100% water treatment
6
Advantages for investors in Mexico
Commercial and Free Trade Agreements
FTA Japón
NAFTA
FTA
Honduras
El Salvador & FTA
Guatemala Nicaragua
FTA
Costa Rica
FTA
Colombia
FTA UE
CEA – Brasil
FTA Chile
FTA Bolivia
FTA Israel
FTA Uruguay
CEA – Argentina
•
The world´s largest free trade agreements network (12 FTAs).
•
Preferential Tariff Access (44 countries), 75% of the worldwide GDP
7
Opportunities
National Infrastructure Program 2007-2012
“Before my administration the
levels of investment in
infrastructure were below 3% of
the GDP. Now, regardless of the
several crisis we are going
through we have reached levels of
5% of our GDP in Infrastructure.
-President Felipe Calderón.
8
Opportunities
National Infrastructure Program 2007-2012
•
clear view into Mexico’s infrastructure strategies for the
future.
•
underlines specific projects in highways, railroads, ports,
airports, telecommunications, energy and water supply,
among others.
•
This will create an unrivaled infrastructure platform in
Latin America which will raise the quality of life in Mexico,
as well as important business opportunities for our
partners.
9
Opportunities
National Infrastructure Program Summary
Billions of USD
10
Doing business in Mexico
Important Considerations
• A great team: lawyer, accountant, public
notary,, local chambers or associations.
• Know the pertinent legislations (labor,
commercial…)
• Network of treaties (Nafta …)
• Commercial and credit structures
• Local taxes (IVA, ISR, IETU)
• Migratory conditions
• PROMEXICO as a strategic partner
11
Advantages for investors in Mexico
The Mexican government offers great facilities
to promote investment
Tax Incentives:
• Special Incentives for strategic projects.
• Immediate capital Investment deduction
• Reduced income tax and trade
facilitation programs for export oriented
companies.
• Reduced social security liabilities for first
time employees.
Programs Fostering R&D:
• Science and Technology Fund for R&D,
technology development or technology
transfer.
• Income tax credit on projects involving
R&D, process and product design.
• Support program for the development of
new enterprises based on Scientific and
technological advances (AVANCE).
The Federal Government will pay 5%
of the Social Security Services for
every new job generated
If the investment is realized in a
marginal zone or in a poor municipality,
the Government will cover 100% of the
social security payments for 18
months and every capital investment
are income tax deductible. Reducing
the production cost in almost 22%
Provisional 3% discount in the
payment of income taxes: ISR and
IETU
Foreign trade regulations and laws
more simple and more efficient
12
Opportunities
Let´s work together
1. Lets find specific opportunities that are
of your interest.
2. Lets design a research and business
plan; we can help.
3. Lets set timetables, objectives and goals.
4. The Embassy wants to work with you to
turn this into reality; we are at your
service, contact us.
13
Embassy of Mexico
to the Kingdom of Belgium
& the Grand Duchy of Luxembourg
Mexican Port
System
December, 2009
14
Logros 2007 y 2008
INDEX
™ Port System
™ Statistics
™ Investment in the Port System
™ The National Infrastructure Program 2007-2012
™ Main Projects 2009-2010
™ Investment Opportunities for private capital
15
Embassy of Mexico
to the Kingdom of Belgium
& the Grand Duchy of Luxembourg
PORT SYSTEM
16
GEO-STRATEGIC LOCATION
Logros 2007 y 2008
On Major Trade Routes
17
MAIN PORTS
Ensenada
Vocation
Commercial
Guaymas
Oil
Industrial
Topolobampo
Tourist
Cabo San Lucas
Altamira
Mazatlán
Tampico
Progreso
Tuxpan
Puerto
Vallarta
Cayo Arcas
Cozumel
Veracruz
Manzanillo
Coatzacoalcos
Dos Bocas
Lázaro
Cárdenas
Acapulco
Bahías
de Huatulco
Salina
Cruz
Puerto Madero
18
Central Sector
ORGANIZATIONAL STRUCTURE
General Coordination for Ports
and Merchant Marine
Ports
Merchant Marine
Promotion and Port
Administration
Harbor
Coordinated Entities
Masters
Education
Merchant Marine Academies
•Veracruz
•Tampico
•Mazatlán
•Campeche
Federal Port Administrations
1. Ensenada
2. Guaymas
3. Topolobampo
4. Mazatlán
5. Puerto Vallarta
6. Manzanillo
7. Lázaro Cárdenas
8. Salina Cruz
9. Puerto Madero
Altamira
Tampico
Tuxpan
Veracruz
Coatzacoalcos
Dos Bocas
Progreso
10.
11.
12.
13.
14.
15.
16.
.
.
.
.
.
.
.
.
19
REGIONAL PORT RANKING
Mexico ranked third in Latin America according to the number of containers moved
through its port system (2008) and 30th worldwide
Ranking
Country
2006
2007
2008
Growth 07/08
1
Brazil
6,052,101
6,413,368
6,207,531
-3.2%
2
Panama
3,027,265
4,070,594
4,646,343
14.1%
3
Mexico
2,667,611
3,053,539
3,302,728
8.2%
4
Chile
2,279,582
2,708,868
2,998,463
10.7%
5
Argentina
1,665,608
1,806,041
1,872,785
3.7%
6
Jamaica
2,150,408
2,016,792
1,830,000
-9.3%
7
Colombia
1,384,295
1,640,915
1,804,009
9.9%
8
Bahamas
1,463,000
1,634,000
1,698,000
3.9%
9
Peru
1,077,383
1,171,465
1,390,280
18.7%
10
Dominican Republic
567,984
881,379
1,083,639
22.9%
20
Mexican Port System (Current)
Containers Facilities in Mexican Ports
Specialized Terminals
Container
7
Port
Berths Cranes
Prod.**
Capacity*
Manzanillo
4
3
34
2.00
Lázaro C.
3
3
27
1.00
Ensenada
1
3
31
0.30
Veracruz
2
3
33.5
0.94
Agricultural products (bulk)
8
Mineral products (bulk)
5
Fluids
4
General Cargo
2
Altamira
3
2
23
0.81
Cars
1
Progreso
2
1.5
27.8
0.30
Refer Cargo
2
15
39
29.4
5.35
Cruise
6
Total
Ports Land Connectivity
Ports with draft greater than:
38’
6 ports
42’
3 ports
46’
1 port
* Million TEUs
Direct road connection
9
Toll road
9
Railroad
10
Railroad yard
9
Intermodal terminal
6
** Movements per crane / hour
21
SHIPPING LINES CALLING MEXICO
Number of shipping lines servicing Mexico
Shipping Lines
Countries
Destinations
North America
62
2
42
Central & South America
44
43
112
Africa
15
31
62
Asia
27
32
195
Europe
27
28
106
Australia & New Zealand
10
5
18
185
141
535
Total
22
Embassy of Mexico
to the Kingdom of Belgium
& the Grand Duchy of Luxembourg
STATISTICS
23
CARGO IN MEXICAN PORTS
Total Cargo
1990-2009
Average annual growth rate:
1994-2009 = 1.6%
Cargo composition in 2009
‰
In 1995, petroleum and oil-related cargo
accounted for 63.8% of total cargo. This
participation dropped to 61.9% in 2001
and to 53.2% in 2009.
24
COMMERCIAL CARGO *
(Million tons)
140.0
2007
112.0
2006
128.4
121.4
2003
115.2
2002
104.3
100.4
1999
97.5
1998
93.1
1997
89.3
1996
90.0
82.3
67.5
40.0
58.1
60.0
82.0
80.0
97.7
100.0
122.8
120.0
20.0
0.0
1994
1995
2000
2001
2004
2005
2008 2009p
* It includes neither petroleum nor oil-related cargo
Average Annual Growth Rate 1994-2009 = 4.5%
25
CONTAINER THROUGHPUT
‰ Container movement has increased rapidly, both
Global Volume
globally and in Mexico
(Million TEUs)
300
250
207
200
150
123
108 113
137 142
159
220
240
257
‰ Average Annual Growth Rate 1994-2009 = 11.4%
181
100
50
0
1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
Participation of Containers
In Mexican Cargo (%)
1996
2009p
In Total Cargo
2.9
9.1
In Commercial Cargo
7.4
19.5
In General Cargo
39.5
58.9
26
Import Origins: Container cargo
(million tons)
MEXICO
MANZANILLO
6.89
VERACRUZ
3.14
L CARDENAS
1.86
ALTAMIRA
1.24
OTHER
0.66
TOTAL
13.78
ALTAMIRA
BRAZIL
0.33
OTHER
0.90
TOTAL
1.24
VERACRUZ
NETHERLANDS
0.76
CUBA
0.35
BELGIUM
0.32
SPAIN
0.31
JAMAICA
0.30
GERMANY
0.25
BRAZIL
0.22
OTHER
0.63
TOTAL
3.14
MANZANILLO
CHINA
2.00
S. KOREA
1.98
JAPAN
1.14
USA
0.67
CHILE
0.65
OTHER
0.45
TOTAL
6.89
LAZARO
CARDENAS
CHINA
0.73
AUSTRALIA
0.32
OTHER
0.81
TOTAL
1.86
27
Export Destinations: Container cargo
(million tons)
MEXICO
ENSENADA
MANZANILLO
4.85
ALTAMIRA
2.59
VERACRUZ
2.24
S. KOREA
0.12
LAZARO CARDENAS
1.32
USA
0.11
ENSENADA
0.58
CHINA
0.10
PROGRESO
0.16
OTHER
0.25
OTHER
0.24
TOTAL
0.58
TOTAL
11.98
MANZANILLO
CHINA
1.72
COLOMBIA
0.54
USA
0.49
S. KOREA
0.44
JAPAN
0.43
CHILE
0.34
COSTA RICA
0.19
PERU
0.13
EL SALVADOR
0.09
CHINA
0.45
BAHAMAS
0.08
JAPAN
0.11
OTHER
0.40
OTHER
0.77
TOTAL
4.85
TOTAL
1.32
LAZARO CARDENAS
28
Export Destinations: Container cargo
(million tons)
ALTAMIRA
BRAZIL
0.60
BELGIUM
0.21
COLOMBIA
0.15
VENEZUELA
0.15
ARGENTINA
0.13
SPAIN
0.12
ITALY
0.10
DOMINICAN R
0.09
USA
0.09
NETHERLANDS
0.08
CUBA
0.08
OTHER
0.78
TOTAL
VERACRUZ
UK
0.32
SPAIN
0.18
CANADA
0.17
BELGIUM
0.17
USA
0.16
ITALY
0.12
GERMANY
0.09
BRAZIL
0.09
CHILE
0.08
NETHERLANDS
0.08
OTHER
0.77
2.59
TOTAL
2.24
PROGRESO
USA
0.10
OTHER
0.06
TOTAL
0.16
29
CRUISE SHIP PASSENGERS
(Passengers in Thousands)
5,300.0
6,225.9
6,491.0
6,198.2
‘94 ‘95 ‘96 ‘97 ‘98 ‘99 ‘00
5,237.8
3,189.4
2,956.8
2,589.3
2,321.0
2,079.6
0
1,931.6
1,000
1,946.7
2,000
3,331.6
3,000
4,720.1
4,000
6,262.9
5,000
6,537.8
6,000
‘01 ‘02 ‘03 ‘04 ‘05 ‘06 ‘07 ‘08 ’09 e
Annual Average Growth Rate 1994-2008 = 8.7%
30
CRUISE SHIP PASSENGERS
Share 2008
Others
Mexican
Caribbean
43%
Acapulco
3.8%
14.7%
34.5%
Progreso
5.4%
Cozumel
Mazatlán
8.4%
Puerto Vallarta
9.5%
14.3%
9.5%
Ensenada
Cabo San Lucas
57%
Mexican
Riviera
31
Embassy of Mexico
to the Kingdom of Belgium
& the Grand Duchy of Luxembourg
INVESTMENT IN
THE PORT SYSTEM
32
INVESTMENT IN PORT AND
MARITIME INFRASTRUCTURE
(Million USD)
1,000
847
800
679
655
702
644
600
400
429
571
528
257
336
200
0
108
2001
93
2002
150
107
2003
127
2004
478
2001-2002
472
224
222
2005
2006
2007
579
185
5.75
377
252
Public
2007-2008
392
599
5.05
375
394
2008
2009p
Private
‰
Public investment will grow by 5.1% in
2009, as compared to 2008
‰
Total investment in 2007-2008 grew by
30.5%, as compared to same period
(2001-2002) in previous administration
1,446
1,108
33
Embassy of Mexico
to the Kingdom of Belgium
& the Grand Duchy of Luxembourg
THE NATIONAL
INFRASTRUCTURE
PROGRAM
34
NATIONAL INFRASTRUCTURE
PROGRAM 2007-2012
Objectives: develop Mexico into a logistics platform, competitive on a global basis by
using the country’s geographic and commercial advantages. This will help increase the
country’s economic growth and create new jobs.
Goals for the Mexican Port System:
ƒ Build 4 new ports and expand or modernize 22 existing ports.
ƒ Build 10 cruise docks.
ƒ Increase available container terminal capacity from 5 to 7.2 million TEUS.
ƒ Increase productivity rate of operations in specialized container terminals from 68 to
75 containers per hour-ship in operation.
Estimated Investment 2007-2012
(Millions of dollars)
Concept
Total
New projects
Expansions
Maintenance
$
$
$
$
Public Funds
1,248
272
744
232
$
$
$
$
Private Funds
4,400
1,840
2,560
-
$
$
$
$
Total
5,648
2,112
3,304
232
35
MAIN PROJECTS 2007-2012
A
Ensenada
Punta
Colonet
New ports
A
Expansions
Guaymas
Loreto
New cruise
docks
A
Topolobampo
Pichilingue
Puerto
Cortés
A
Mazatlán
Cabo San Lucas
A
Altamira
A
Tampico
A
Tuxpan
A
A
Progreso
Puerto Vallarta
Cozumel
Veracruz
A
Manzanillo A
A
A
CoatzacoalcosA Dos Bocas
Seybaplaya
Cd. del
Carmen
Lázaro Cárdenas
Federal API
A
A
Salina
Cruz
A
Puerto Madero
36
Embassy of Mexico
to the Kingdom of Belgium
& the Grand Duchy of Luxembourg
MAIN PROJECTS
2009-2010
37
MAIN INFRASTRUCTURE PORT PROJECTS
Punta Colonet
Port Expansion
Guaymas
Lázaro Cárdenas
Container Terminal Mazatlán
Manzanillo
Container Terminal II
Multi‐Purpose Terminal
Container Terminal II
Cuyutlán Lagoon
38
SPECIALIZED CONTAINER
Guaymas
TERMINAL IN GUAYMAS
Total # of docks:
1
Waterfront (m):
320
Total area (Ha):
10
Multimodal Corridors:
•Guaymas-Arizona
•Guaymas-Mexicali
Tucson
Guaymas
• Private financing, with estimated investment of
50 million dollars.
• The Invitation to Tender will be published on February
2010
39
MULTI-PURPOSE TERMINAL
(TUM) IN MAZATLÁN
• Mazatlán has an important potential to become
a viable logistics alternative in the international
market.
• The terminal will help Mazatlán increase its
hinterland to the northeast part of Mexico
(Monterrey, Piedras Negras, Laredo and
Matamoros).
• Competitive advantage based on smaller
transit times from/to origin/destination, due to
conclusion of Durango-Mazatlán highway
Waterfront (m):
300
Total area (ha):
22.9
Nuevo
Laredo
• Private financing, with an estimated investment of
30 million dollars.
• Tender Invitation will be published in the first
quarter of 2010.
Matamoros
Monterrey
Mazatlán
México, D.F.
40
SPECIALIZED CONTAINER TERMINAL
(TEC) II IN MANZANILLO
Second Specialized Container Terminal
(TEC II)
Berthing positions:
3
Waterfront (m):
1,080
Total area (Ha):
77.91
Estimated capacity:
2 Million TEUs
Development plan:
3 Phases
•
Private financing, with estimated investment of
$US512 million.
•
Tender was published on January 13, 2009.
•
Assigned to International Container Terminal
Services (ICTS) Philippines. November 30 2009.
•
The project will transform Manzanillo into a regional
hub for container movement.
•
It will create 1,500 direct jobs y 4,500 indirect jobs.
Cd.
Juárez
Piedras
Negras
Monterrey
Guadalajara
Manzanill
o
México, D.
41
SPECIALIZED CONTAINER TERMINAL
(TEC) II IN LÁZARO CÁRDENAS
Second Specialized Container Terminal
(TEC II)
TEC
II
Berthing positions:
4
Waterfront (m):
1,485
Total area (Ha):
102
Depth (feet):
59
Estimated capacity:
2 Million TEUs
Equipment
(dockside cranes):
12 superpostpanamax
• Strategic connection of intermodal networks towards
North America from the logistic platform Asia-Pacific
• In 2008 it registered a growth of the 94,2% with respect to
the previous year. In that year 524 thousand TEUS were
handled. In the period January-September 2009 the growth
was 24,7%.
• Financing from private resources: 4,400 mdp.( €230 million)
• Tender Invitation will be published on January, 2010.
Nuevo
Laredo
Monterrey
México D.F.
Lázaro Cárdenas
42
PORT OF VERACRUZ EXPANSION:
THE NORTH ZONE
North Zone Project
Total # of docks
37
(it includes container
terminals):
Total area (Ha):
532
Capacity: Total project
(Million tons)
124
2 Container Terminals
Total # of docks:
8
Waterfront (m):
2,880
Total area (Ha):
250
Capacity (million
TEUs)
4.1
• Private financing, with estimated investment of 4,100 million
dollars.
•1,410 in public investment
•2,690 in private investment
• The Invitation to Tender will be
published on June 2010.
• The proposals reception will be on
August 2010.
• Tender result will be announced on
August 2010.
• Estimated job creation: 18,000 jobs.
• Goals: Meet demand for maritime transportation in the Gulf of
Mexico / Atlantic Ocean shore, for international trade in
Central Mexico.
• Develop Logistics Activities Zones.
43
DREDGING AND BREAKWATERS
IN THE CUYUTLAN LAGOON
Main Channel:
Breakwater
Manzanillo
(length)
1,600 m
(width)
250 m
(superficial water width)
400 m
(depth)
15 m
Lagu
na d
e
(Vas Cuyutlá
o II)
n
Tidal Basin
(diameter)
600 m
(depth)
15 m
SIMBOLOGÍA
Dragado
Proyectado
OCE
ANO
PAC
ÍFIC
East (length)
359 m
West (length)
396 m
Marginal Protection
(length)
1.6 Kms
Expected ship
capacity
200,000
m3, Gas
O
Secondary Channel:
(length)
600 m
(width)
250 m
(depth)
15 m
Total volume to dredge
17,000,000
m3
Breakwaters:
• Estimated cost: $37.63 million
dollars
• The Invitation to Tender was
published on October 14, 2008
• End of project : April 18, 2011
Dredging 1st phase:
• Amount of the Contract is 52.5 million dollars. Assigned to Dragamex/
Boskalis.
Dredging 2nd phase:
• Estimated cost: 132 million dollars.
• The Invitation to Tender will be published on mid December 2009.
• End of the project: May 2011.
• 13 millions m3 will be dredged
44
Background:
MULTIMODAL PROJECT
IN PUNTA COLONET
• Punta Colonet is a multimodal Project located 140 km to
the south of Ensenada. Its purpose is the handling and
transport of container cargo between Asia and USA.
• The concession will be for 45 years, with 100% private
investment.
Present Situation:
• The bidding process was initiated on September 2, 2008.
• Due to the difficult world economic situation, the date
for interested parties to submit questionnaires for
registration has been postponed.
• The project is being analyzed to adjust it to the new
conditions and with an attractive scheme recognizing the
present requirements of the market.
• It is estimated that the bidding process will reinitiate first
half of 2010.
Punta Colonet
Interested Firms:
1.
2.
3.
4.
Promotora para el Desarrollo de América Latina (IDEAL)
Obrascón Huarte Lain (OHL)
Union Pacific
Global Via Infraestructuras
45
Embassy of Mexico
to the Kingdom of Belgium
& the Grand Duchy of Luxembourg
Investment
Opportunities for
private capital
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OPPORTUNITES FOR
PRIVATE CAPITAL IN MEXICAN PORTS
100% of foreign capital participation in the following activities:
INFRASTRUCTURE
SERVICES
TERMINALS
(through work
(companies formed
to render)
(management contract
or build new terminals)
contract with APIS)
Maintenance or
construction of basic
infrastructure:
•Quays
•Land reclamation
works
•Sea locks,
breakwaters, sea
walls and other
protective works.
•Dredging maritime
accesses and canals.
•Primary roads
•Railway tracks
All services
performed in port
areas:
•Handling goods,
Loading/unloading
•Trash recollection
•Provisioning
•Fuel supply
•Mooring
•Storage
•Towage
•Telecommunications
• Containers
• Dry-Bulks
• Liquid-Bulks
• Multi-purpose
• Tourist marinas
• Cruise liners
• Ro /Ro
DEVELOPMENT
AREA
(Invest in)
• Industries
• Warehouse
• Fishing
industries
• Shipyards.
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Some key international players
in Mexican Ports
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Embassy of Mexico
www.embamex.eu
embamex@embamex.eu
Alejandro Saldívar von Wuthenau
www.promexico.gob.mx
alejandro.saldivar@promexico-pi.com
Embassy of Mexico
to the Kingdom of Belgium
& the grand duchy of Luxembourg
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