On September 6, China Harbour Engineering Company Ltd. (CHEC) and International Container Terminal Services SA signed the contract for Stage 1A of Phase 1 of the Manzanillo container terminal in Mexico.
The project, in the form of EPC, with a contract value of $ 221 million, involves the construction of two 720-meter container berth coastlines, a 28.5-hectare container yard, an integrated transportation area, etc.
The contract’s conclusion is of great importance for CHEC to enter Mexico and further explore regional markets in Latin America.
[mappress]
Source: ccccltd, September 16, 2011