OeEB's financing of a new dry bulk terminal on the Pacific coast of Mexico also benefits the Austrian economy: Liebherr-Werk Nenzing GmbH supplies a mobile crane to the Lázaro Cárdenas port project.
In this project, OeEB supports the construction and operation of the terminal in the port of Lázaro Cárdenas through a long-term, USD 10 Mio credit line. The new terminal will be going into operation this spring.
With the emergence of Asia, port terminals on the west coast of Mexico are becoming increasingly important. Until now, the region had no special public terminal for the processing of steel and of mineral bulk products such as coal or iron ore. The Lázaro Cárdenas project, financed jointly with the German development bank Deutschen Investitions- und Entwicklungsgesellschaft (DEG), is a deep-sea port with a handling capacity of 2 million tons per year of bulk goods.
Benefit for Mexico and Austria
The project supports the development of Mexico's import-export capacity for commodities. The project is also useful to the Austrian economy: the Vorarlberg company Liebherr supplies a universally deployable port mobile crane of the LHM 550 type.
To the Financing Project