A unique oceanfront greenfield site is up for sale in the State of Sonora on the west coast of Mexico. The development site consists of 1,297 hectares (3205 acres) of undeveloped land which has direct access to the Sea of Cortez.
The site benefits from a substantial amount of existing infrastructure, including large quantities of economical electrical power and natural gas already in place. A new 36’’ US supplied natural gas pipeline, which connects to the US’ largest LNG fracking supply network is just 4 kilometers from property. The LNG pipeline can be used to supply extensive qualities of reliable LNG. The site has full access to an abundance of extremely low-cost electrical power from two new natural gas fired power generating plants recently commissioned (one is 770MW and the other is a 791 MW). These electrical plants were built to service 12 million people, yet the area has less than one million people. CFE, the electrical power supplier which operates these plants, has said it would provide power at a cost below any electrical power supply in the world. In addition, the property adjoins the largest highway network in Mexico, Federal Highway 15 as well as Ferromex Railway Network, Mexico’s largest Fiber Optic Transmission Network and has an abundance of fresh water supply all bordering the property. An international airport is just 15 kilometers from site.
The property is approximately 360 kilometers south of the US/Mexico border at the state of Arizona, US. The location is ideal for import/export shipments to the US, China, Asia, Japan, Korea, South America, Australia and India to name a few. Unlike many ports in Mexico, the location is not land-locked and the property does not experience excessive wave motions, which is beneficial for vessel movements. As US imports from Asia are expected to grow 700% by 2040, this represents a substantial opportunity. US ports on the Gulf and East coasts are not prepared for these huge increases of imports and West Coast Ports such as LA and Long Beach are likely to reach near capacity by 2021. Sonora Port has a 10-day shipping time from Asia, with delivery of goods shipped across the Arizona border in 12 days. By using this location, companies can cut shipping times by 20-30 days into the Midwest US.
ENTITLEMENTS FOR IMMEDIATE DEVELOPMENT
The property has the required Mexican Governmental permits and concessions approved for development. The Mexican Government may provide on-and-off site improvement funds through an already approved private public partnership programme to kick off a port development at this location. A Forty Year Port Consignment is also negotiable with the Mexican Government. Environmental approvals are in place by Secretariat of Environment and Natural Resources Ministry. Mexican Government sponsored PPP incentives include design, permitting and concessions.
The property has Mexican Government approved Free Trade Zone and Tax-Exempt manufacturing status for usages which includes all types of oil, gas, chemical, manufacturing, industrial, commercial, research and development, warehousing, storage, logistics and more. It is ideal for a developer or investor to turn this site into a multi-use Port and Free Zone. Since the NAFTA/USMCA agreement was put in place, Mexico has 50 free trade agreements around the world as well as a well-educated and experienced labour pool to draw from. For example, Sonora Port labour costs are 80% cheaper than US ports and power costs are 60% cheaper than US ports. A developer or investor could apply the same savings which automotive companies have taken advantage of in Mexico over the last several years. The property is fully owned by a privately held company, which has title insurance on the property with a leading US provider. The 1297 hectares also has 3.2 kilometers of ocean frontage available for development of a maritime shipping port to complement the site.
For more information: Please visit: www.sonoraport.com or email: firstname.lastname@example.org contact +61 418 122248 email: email@example.com contact +1 360 739 4413