AFOREs to Finance Development Poles’ Infrastructure

Retirement Fund Administrators (AFOREs) announced their intention to finance infrastructure projects related to 10 development poles announced by Mexico’s President-elected Claudia Sheinbaum. In other news, the Cuauhtemoc municipality stood out as Mexico City’s most bike-friendly municipality in Lamudi’s most recent report on cycling infrastructure. 

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AFOREs to Participate in Development Poles’ Infrastructure

AFOREs are set to finance infrastructure projects that will be part of 10 development poles announced by Sheinbaum. According to the Mexican Association of AFORES (AMAFORE), this investment aligns with AFOREs’ usual practice of investing in infrastructure projects.

Reconstruction Spurred by Innovation, Social Impact

Luis González, Commercial and Marketing Director, USG Mexico, says lightweight construction materials are vital to Acapulco's recovery following Hurricane Otis. He emphasizes how these advanced materials, which can be installed significantly faster than traditional options, are helping overcome challenges related to material shortages and labor demands.

The Right Location Boosts Last-Mile Delivery in Major Cities

Eduardo Neuman, CEO, Interlogix, notes that vertical logistics parks are crucial in densely populated areas like Mexico City, where traditional warehouses are impractical. Building upward maximizes land use and improves last-mile delivery efficiency. Neuman highlights the challenges of adapting international models to local conditions and the importance of strategic site selection and sustainability in vertical parks.

Bosch to Acquire Johnson Controls' Global HVAC Business for US$8 Billion

Bosch plans to acquire Johnson Controls' global HVAC solutions business, including the 40 percent stake in the Johnson Controls-Hitachi Air Conditioning joint venture, for US$8 billion. The transaction, approved by Bosch’s shareholders and supervisory board, is subject to antitrust approvals and is expected to close in about 12 months.

Cuahutemoc: Mexico City’s Top Bike-Friendly Municipality

Cuauhtemoc has emerged as the most bike-friendly municipality in Mexico City, according to a new report by the real estate portal Lamudi. The report evaluates public and private infrastructure, as well as terrain elevation, to determine the best areas for cycling. Findings reveal that Cuauhtemoc boasts 129km of bike lanes, among other key infrastructure features.