Bloomberg — Portuguese companies could participate in the management of ports and cargo in the southern Mexican land corridor that will facilitate the transportation of goods between the country’s coasts, the Latin American leader stated on Friday. Portuguese Prime Minister Antonio Costa discussed plans for an agreement to jointly manage the ports as part of the Interoceanic Corridor project with President Andrés Manuel López Obrador earlier this month, said AMLO, as the president is known. Portuguese companies could be part of the consortium that executes the project, as long as they are secondary players compared to Mexican companies, he added.
The ports on the Atlantic and Pacific coasts in the southern states of Mexico were presented by officials as sites for expanding exports.
“We agreed to establish an agreement, and Portuguese companies will also participate, even though Mexican companies will have the majority of the shares of those who will be in charge of managing the ports, handling container cargo, and transporting containers by train from one port to another,” López Obrador said in his press conference. “It’s a company that will be created, a consortium.”
Costa and López Obrador met in Chile in early September ahead of the 50th anniversary of the military coup that took place in the South American nation.
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