Surbana Jurong CEO International Teo Eng Cheong (left) after the signing ceremony with Veracruz and Oaxaca officials on 11 April 2019.
The economic benefits from the development of the Interoceanic Corridor are far reaching and we look forward to working closely with the Federal Authority for the development of Special Economic Zones of Mexico and the state governments of Veracruz and Oaxaca to unlock the region’s potential.”
Mr Wong Heang Fine
Group CEO of Surbana Jurong
Mexico’s state governments of Veracruz and Oaxaca will tap on Surbana Jurong’s strong track record in master planning to develop the Interoceanic Corridor, a stretch that connects the country’s Atlantic and Pacific coasts.
The corridor is strategically located with direct maritime links to China’s Belt and Road Initiative project, and is intended to become a driver of economic growth for Mexico’s southern states, by facilitating international trade and investment.
Surbana Jurong will conduct a detailed review of the Interoceanic Corridor and develop a strategic plan with recommendations on market positioning and development directions to facilitate potential growth opportunities in jobs and industry sectors. It will also include proposals for infrastructure development, and zoning plans to identify land use distribution.
In addition, Surbana Jurong will also develop the master plan for two economic development areas within the Interoceanic Corridor. The master plan will guide the development of the two industrial sites in Veracruz and Oaxaca through the planning of land use, infrastructure, utilities and transportation.
“We are privileged to be appointed as master planners for the Interoceanic Corridor project,” said Mr Wong Heang Fine, Group CEO of Surbana Jurong. “Surbana Jurong has a strong track record, having delivered master plans for projects in over 30 countries, and are pleased to contribute our expertise towards Mexico’s development success.”
“The economic benefits from the development of the Interoceanic Corridor are far reaching and we look forward to working closely with the Federal Authority for the development of Special Economic Zones of Mexico and the state governments of Veracruz and Oaxaca to unlock the region’s potential.”
