It’s still in the very early stages of discussion, but a multinational infrastructure conglomerate with roots in Mexico has announced ambitious plans for a tri-national rail corridor linking the port at Mazatlan in Mexico’s northwestern Sinaloa state to Winnipeg, Manitoba.
Caxxor Group’s CEO Carlos Ortiz told Mexican media, including daily newspaper Milenio, last week that his company is planning to raise US$3.3 billion for the initial phase of the trade route, which has been nicknamed the “T-MEC (or USMCA) corridor” after the new North American trade agreement.
The first phase would include building logistics centres and terminal facilities in Winnipeg and Mazatlan, as well as rail upgrades in Mexico.
Ortiz told Milenio the company plans to spend $400 million on an export logistics centre in Winnipeg, as well as $1 billion on a new terminal at Mazatlan, another $1 billion for industrial parks, and $300 million on shipyard upgrades at Mazatlan. Another $600 million would go toward 87 kilometres of railroad, crossing the Sierra Madre Occidental, a major mountain range, to the new Mazatlan port.
The proposed route would require partnerships with existing railroads, accessing over 7000 kilometres of track running through Dallas, Tulsa, and Chicago.
Winnipeg is home to the CentrePort inland port, a 20 thousand acre foreign trade zone on the northwest side of the city, with direct access to rail, truck, and air transportation.
An official with CentrePort says the Mexican stakeholders in the T-MEC project are aware of the inland port, but that the concept is still in the early stages of development.