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Colima’s Strategic Investment Potential: A Meeting with the Philippine Ambassador

Overview of Diplomatic Collaboration
Colima’s Governor, Indira Vizcaíno, recently welcomed Arvin de León, the Philippine Ambassador to Mexico, to discuss promising investment opportunities within the region. The focal point of their discussions was the port city of Manzanillo, which is gearing up for a significant expansion. Governor Vizcaíno emphasized that this meeting arrives at a critical juncture as Manzanillo, recognized as Mexico’s largest port and the second-largest in Latin America, begins a multi-faceted expansion initiative championed by President Claudia Sheinbaum. Upon completion, this project is anticipated to enable Manzanillo to claim the title of the largest port in Latin America, augmenting its economic clout regionally and nationally.

Potential Economic Impact of Expansion
Governor Vizcaíno highlighted the expansion’s potential to nearly double the annual container throughput from its current volume of approximately 4 million containers to an impressive 10 million. This remarkable increase will substantially bolster the port’s position as a vital engine of economic development for both the region and the nation as a whole. "This gives us the expectation of becoming the main port in Latin America,” stated Vizcaíno, underlining the strategic importance of this initiative for economic advancement.

Infrastructure Projects to Enhance Connectivity

The Governor also addressed other ongoing infrastructure projects designed to improve logistics and connectivity. These include vital highway upgrades aimed at reducing travel times and enhancing safety. Additionally, new housing developments and the upcoming construction of a modern hospital in Manzanillo, scheduled to commence next year, demonstrate a comprehensive approach towards fostering growth in the area.

Openness to Foreign Investment

Vizcaíno noted that Colima is already home to substantial investments from various Philippine companies. She reiterated the state’s eagerness to welcome more foreign investment, emphasizing the favorable business environment, superior quality of life, and the federal government’s overarching strategy to diversify international markets. “There is an openness to investments that are advantageous for both parties,” she affirmed.

Cultural Exchange and Diplomacy

The governor extended an invitation to Ambassador de León and his delegation to explore Colima’s rich tourist destinations and savor the local cuisine. She highlighted the cultural and gastronomic similarities between the Philippines and certain regions of Colima, fostering a sense of shared understanding and cooperation.

Positive Reception in Colima

Ambassador de León expressed his gratitude for the warm and welcoming reception he received, marking his visit as particularly significant as it was the first Mexican state he has toured during his term. He remarked that this visit sets the stage for more frequent dialogues, as the Philippines recognizes the growing scope for collaborative endeavors with Colima.

Importance of Coordination

The meeting was further enriched by the presence of Colima Minister of Economic Development, Francisco Javier Rodríguez, who presented the state’s economic outlook. Manzanillo Mayor Rosa María Bayardo was also present, reiterating the necessity of strengthening ties with the Philippines across cultural, institutional, and economic dimensions.

Manzanillo: Mexico’s Premier Logistics Hub

Recovery and Growth

Reports by MBN reveal that after encountering substantial operational challenges during the first half of 2025, the Port of Manzanillo is on a path to recovery, reasserting its status as Mexico’s principal logistics gateway. The port handles an impressive 42% of the nation’s containerized cargo and 57% of all freight traveling through the Pacific. Its return to form, marked by newly established performance records, reflects both its strategic significance and the sustained investments made in its modernization.

Traffic and Throughput Records

In August 2025, Manzanillo achieved a record throughput of 346,257 TEU (Twenty-foot Equivalent Units), showcasing a month-on-month increase of 10% and an 8% rise year-over-year. Thus far, in 2025, the port has successfully processed 2.54 million TEU, paving the way to potentially reach nearly 4 million TEU by year-end, as reported by MBN.

Diverse Cargo Operations

ASIPONA has indicated that containerized cargo accounted for 73% of all commercial cargo handled during the first nine months of 2025. This was followed by bulk minerals (16%), agricultural bulk (6%), and general cargo (5%). The breakdown of total throughput shows that 44% consisted of imports, while 42% represented exports, with 14% attributed to transshipment activities.

Economic Contributions

From January to July 2025, the Port of Manzanillo generated trade contributions amounting to US$5.96 billion (MX$109.45 billion), solidifying its crucial role in national customs revenue and trade performance, just behind Nuevo Laredo, which recorded US$6.99 billion (MX$128.22 billion) and ahead of Veracruz with US$4.52 billion (MX$82.95 billion).

Significant Private Sector Involvement

The private sector has played a crucial role in positioning Manzanillo as Mexico’s foremost logistics hub. José Antonio Contreras, CEO of Contecon Manzanillo, stated, "Manzanillo is the number one port in Mexico, consolidated over decades as the principal logistics node of the nation."

The private sector has committed over MX$35 billion to modernize the port, establishing facilities that now include 28 ship-to-shore cranes, 12 mobile cranes, and extensive rail connections linking the port directly to Mexico’s industrial clusters. This infrastructure supports a workforce exceeding 35,000 employees, ensuring 24/7 operational continuity.

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