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Eco Depot's subsidiary wins $40M share in $100M dredging contract for Mexico's Punta Colonet megaport.

Market News
05 Nov 2026, 15:00 WIB
GlobeNewsWire
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Bullish
Eco Depot's subsidiary wins $40M share in $100M dredging contract for Mexico's Punta Colonet megaport.

Eco Depot's subsidiary, Compañía Constructora de Tijuana (CCT), secured a $40 million portion of a $100 million dredging contract for the $4 billion Punta Colonet megaport project in Baja California, Mexico. This dredging work is crucial for creating deep-water channels to accommodate large cargo ships, positioning Punta Colonet as a major Pacific shipping hub. The project is expected to boost regional trade and create thousands of jobs. CCT aims to bid for more construction phases as the project progresses, leveraging its experience from other major Mexican infrastructure projects.

Eco Depot's CCT is the story subject, here is Pluang's Industrials sector snapshot as of Nov 05, 2026 20:02 WIB: Out of 135 priced US Industrials stocks, 65 rose and 66 fell. Notable movers include nVent Electric (NVT) at USD 108.58 with a -3.76% change and 95% buy order activity, Forgent Power Solutions (FPS) at USD 21.60 with a -3.74% change and 100% buy order activity, and Vertiv Holdings (VRT) at USD 198.00 with a -3.67% change and 55% buy order activity. Typical hold times range from 5 to 45 days on Pluang.

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