PROJECT

Projects

Summary of Investment Information

Project Number

31939

Company Name

APM TERMINALS LAZARO CARDENAS S.A. DE C.V.

Date SPI Disclosed

Oct 8, 2013

Country

Mexico

Region

Latin America and the Caribbean

Projected Board Date

Nov 7, 2013

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Gbl Infrastructure & Natural Resources

Industry

Infrastructure

Previous Events

Approved : Nov 26, 2013
Signed : Dec 4, 2013
Invested : Apr 7, 2015

Sector

Port and Harbor Operations

Additional Project Attributes

Public-Private Partnerships

Project Description

APM Terminals Lazaro Cardenas (the “Company”) is developing a specialized container terminal (the “Terminal”) in the Port of Lazaro Cardenas, in the State of Michoacan, in Mexico. The Project represents the Terminal’s phase 1 development and includes: (i) the construction of a 750 meter quay, (ii) the creation of a 16.5 meter draft alongside the Terminal, (iii) installing the necessary cargo handling equipment and rail tracks, and (iv) developing an automated container yard and supporting backup areas and infrastructure. Upon completion of the Project, the Terminal would be the first partially automated container handling terminal in Latin America and is expected to have an annual capacity of 1.27 million twenty-foot equivalent units.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation