226 Siena Drive, Long Beach, CA Tel. (562) 522-2017 FAX (562) 434-2452 EMAIL: gus@globalbusinessadvocates.com

Page 2

Volume 2, Issue 1


MEXICO
PRESIDENT CALDERON KICKS OFF PUNTA COLONET PORT DEVELOPMENT
After several years of discussion and many hurdles overcome, the Mexican Secretariat of Communicationsand Transportation (SCT) announced on September 2, 2008 that Mexico was officially launching the process to accept bids for the Punta Colonet deepwater seaport development project. In visiting the Punta Colonet site (273 miles from LA/LB) President Calderon stated, “This project represents an investment of 50 billion pesos from private investors that are awarded the concessions, which includes building a port and
related infrastructure equivalent in scope to the modernization of the Panama Canal.” The invitation to bid includes construction and operation of the Punta Colonet— U.S. rail line, port administration, and operation of a container terminal. The Port is projected to process about 1 mi l l ion containers annually increasing to beyond 10 million in 15 years. The $4-5 billion project is expected to generate 83,000 jobs and contribute
$500 million to the Mexican economy annually. Aside from the port itself, there will be major development in infrastructure including an airport, public and private housing, a power plant, a natural gas terminal, and a desalinization plant. Global Business Advocates is pleased to be advising several companies in the port development, real estate, engineering construction, and transportation sectors interested in this project. If you would like additional info, please call us at (562) 522-2017.

 

BAJA NORTE BUSINESS SYMPOSIUM A ROUSING SUCCESS
The recent Baja Norte Business Symposium held at the Law Offices of Keesal, Young, & Logan was a overwhelming success. The event, sponsored by Global Business Advocates; Future Ports; the Harbor Association of Industry and Commerce; Weston Solutions, Inc., the Propeller Club, Grupo Pinel; and the Long Beach International Trade Office drew a capacity crowd from across a myriad of industry sectors to discuss opportunities for local companies interested in doing business in Northwest Mexico. Speakers included Gus T. Hein, President-GBA, Ernesto Ruffo, Fmr. Governor, Baja California; Jose Lagarde Amaya, Undersecretary, Economic Development; Conrad Leslie, Vice President, Gregg Drilling; Mitch Beauchamp, Ferrocarriles Peninsular del Noroeste; Carlos Jauregui, Port of Ensenada; & Jesus Torres, Ensenada Airport.

 

ENSENADA AIRPORT DEVELOPMENT MOVES FORWARD—OPCION INTEGREDORA BAJA AEROPUERTO RECEIVES USTDA GRANT FOR STUDIES
The Opcion Integredora Baja Aeropuerto (OIB) Board of Directors Ernesto Ruffo, Manuel Chavez, and Hector Calderon have confirmed to Global Business Advocates that the OIB will soon be receiving a $700,000 grant f rom the U.S. Trade Development Agency to conduct a Master Plan, Marketing Study, and the Airport Development Business Plan. The USTDA grant will cover
about 70% of the funds necessary to conduct the studies. In related developments, the OIB has also confirmed that they are in negotiations with the Houston Airport Development Corporation regarding an MOU to operate and manage the airport. As part of Mexico’s National Infrastructure Plan, the Ensenada Airport project is being considered by developers as a potential major air cargo
hub. The federal permit from the Mexican government to develop the 8000 acre site was granted to the OIB last year. The Airport’s 4000 ft. runway will be able to receive the Boeing 747 and Airbus A380. Infrastructure projects to support the airport include a water reservoir and treatment plant, logistics terminal, high-tech business park, residential community, and a power plant. GBA is advising the OIB team. For more info, call GBA at (562) 522-2017.