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Investors sought for North American rail project

A proposed North American rail line running from the Mexican Pacific Coast to Winnipeg, Manitoba, would include a logistics terminal in Winnipeg and an expanded shipyard at Mexico's Port of Mazatlan. Mexico-based Caxxor Group is pursuing investors for the transcontinental project, which could cost between $1 billion and $3 billion, said Carlos Ortiz, president of Caxxor Group.

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