CMSA Manzanillo
Sector: Seaport • Location: Mexico
Source: International Finance Corporation (IFC)
The proposed project involves the development, financing and operation of a 650,000 TEU capacity container terminal within the port of Manzanillo, Colima on the central west coast of Mexico (“the Project”). Contecon Manzanillo S.A. de C.V. (“CMSA”), a wholly owned subsidiary of International Container Terminal Services, Inc. (“ICTSI”), will develop and operate the Project.The Project is expected t
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Participants
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Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Description
Description | The proposed project involves the development, financing and operation of a 650,000 TEU capacity container terminal within the port of Manzanillo, Colima on the central west coast of Mexico (“the Project”). Contecon Manzanillo S.A. de C.V. (“CMSA”), a wholly owned subsidiary of International Container Terminal Services, Inc. (“ICTSI”), will develop and operate the Project.The Project is expected to cost about US$378 million and will be funded with approximately US$113 million of equity and approximately US$265 million of debt. IFC has been invited to provide an A loan of up to US$75 million and has also been asked to help mobilize B loans commercial banks. Also, Inter-American Development Bank (“IDB”) is considering an investment of US$75 million. The new financing will refinance short term shareholder loans used for constructing the project which is nearly completed and has been commenced operations from August 2013.. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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