A Chinese development company has inked plans to build a railroad linking Mexico’s Pacific coast with an industrial hub just south of New Mexico’s Santa Teresa port of entry, according to the newspaper El Diario de Chihuahua.
The newspaper reports that Chihuahua Gov. César Duarte signed an agreement on Wednesday with developer China Hyway Group Ltd., the China Development Bank and other investors to construct the rail line between Nayarit state on Mexico’s west coast and San Jerónimo, an industrial development at the western edge of Ciudad Juárez.
San Jerónimo is home to the Taiwanese electronics manufacturer Foxconn and is expected to become the sprawling border city’s next area of expansion.
Just north of San Jerónimo lies New Mexico’s fast-growing industrial enclave of Santa Teresa, where Union Pacific recently opened a major rail yard and terminal.
Just north of San Jerónimo lies New Mexico’s fast-growing industrial enclave of Santa Teresa, where Union Pacific recently opened a major rail yard and terminal.
Duarte, who announced the deal alongside Nayarit Gov. Roberto Sandoval in Beijing, said the project will spur development at the San Jerónimo-Santa Teresa port of entry.
Work is expected to begin by year end, according to the report.
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