BajaNomad

Punta Colonet goes back to the drawing boards

arrowhead - 1-18-2010 at 02:27 AM

Quote:

Therefore the SCT announced that is currently working with companies, port operators and large users of this port to jointly redesign the bid that will make this project viable.

The agency said that the redesign does not mean a reduction in the amount of investment for the port located in the municipality of Ensenada, which amounts about $5 billion dollars, since instead of one large project there will be several small.

ttp://www.e-mid.com.mx/news/news_display.php?story_id=11632


Looks like Mexico is finally facing up to the reality of Punta Colonet. In my opinion this project is already dead, but it is too much a political hot potato to admit that.

David K - 1-18-2010 at 08:59 AM

Do you have anything on the long ago proposed titanium mining of the sand there... just north at San Antonio del Mar?

surfer jim - 1-18-2010 at 10:25 AM

Finally some good news from BAJA......

Bajahowodd - 1-18-2010 at 12:13 PM

Quote:
Originally posted by arrowhead
Quote:

Therefore the SCT announced that is currently working with companies, port operators and large users of this port to jointly redesign the bid that will make this project viable.

The agency said that the redesign does not mean a reduction in the amount of investment for the port located in the municipality of Ensenada, which amounts about $5 billion dollars, since instead of one large project there will be several small.

ttp://www.e-mid.com.mx/news/news_display.php?story_id=11632


Looks like Mexico is finally facing up to the reality of Punta Colonet. In my opinion this project is already dead, but it is too much a political hot potato to admit that.



It IS really looking as you say. I recently read a report about how LA-Long Beach is scrambling to try and hold on to its historic percentage of business as ports in Western Canada and the US gulf coast have expanded. Colonet would really have to pull a rabbit out of its hat to develop much traffic. Not to mention how many economists say that it will be a long, long time, if ever for the US to return to the pre-recession levels of consumption.

mtgoat666 - 1-18-2010 at 12:16 PM

Quote:
Originally posted by Bajahowodd
Quote:
Originally posted by arrowhead
Quote:

Therefore the SCT announced that is currently working with companies, port operators and large users of this port to jointly redesign the bid that will make this project viable.

The agency said that the redesign does not mean a reduction in the amount of investment for the port located in the municipality of Ensenada, which amounts about $5 billion dollars, since instead of one large project there will be several small.

ttp://www.e-mid.com.mx/news/news_display.php?story_id=11632


Looks like Mexico is finally facing up to the reality of Punta Colonet. In my opinion this project is already dead, but it is too much a political hot potato to admit that.



It IS really looking as you say. I recently read a report about how LA-Long Beach is scrambling to try and hold on to its historic percentage of business as ports in Western Canada and the US gulf coast have expanded. Colonet would really have to pull a rabbit out of its hat to develop much traffic. Not to mention how many economists say that it will be a long, long time, if ever for the US to return to the pre-recession levels of consumption.


the next big bubble to implode will be china. will west coast shipping survive colapse of chinsese economy?

Bajahowodd - 1-18-2010 at 12:43 PM

Who will be making all those electronic toys everyone is addicted to?