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Mexico Unveils 14 Billion-Peso Public-Private Push to Expand Lázaro Cárdenas Port

Officials cast the effort as a step to plug Michoacán into global supply chains.

Overview

  • Economy Secretary Marcelo Ebrard announced a 14 billion‑peso package from public and private sources to modernize Puerto de Lázaro Cárdenas.
  • President Claudia Sheinbaum directed the creation of an agroindustrial development hub in Uruapan focused on adding value to farm production.
  • The plan includes consolidating a Bajío development node near Morelia to attract technology and manufacturing tied to global value chains.
  • Mexico and France will reactivate the Franco‑Mexican Strategic Council to advance projects in pharmaceuticals, artificial intelligence, aerospace, and automotive.
  • Officials said security coordination will protect investment while detailed timelines and participating investors remain undisclosed.