Rail corridor between Mexico, Canada represents US $1.6bn investment in MX Caxxor Group also plans projects in the south
Published on Wednesday, December 16, 2020
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A Mexican company that is planning to develop an ambitious North American trade corridor between the Pacific coast port city of Mazatlán, Sinaloa, and Winnipeg, Canada, is also preparing infrastructure projects in Mexico’s south.
Caxxor Group announced in October that it was aiming to raise US $3.3 billion in initial investment to build a new port and shipyard in Mazatlán, industrial parks in an undisclosed number of locations in Mexico, a Mexican exports logistics center in Winnipeg and 87 kilometers of railway tracks in Sinaloa that will connect with more than 7,000 kilometers of existing railroads in Mexico, the United States and Canada.