GAP’s Terminal 2 Hits 54% Completion, Train Contract Awarded
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GAP’s Terminal 2 Hits 54% Completion, Train Contract Awarded

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Paloma Duran By Paloma Duran | Journalist and Industry Analyst - Thu, 08/28/2025 - 17:50

GAP's new MX$9.2 billion Terminal 2 in Puerto Vallarta is 54% complete and set to open in 2H27. In addition, a Mota-Engil-led consortium won the MX$7.63 billion contract to design and build the first 30.3km section of the Queretaro-Irapuato passenger train.

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GAP's New Terminal in Puerto Vallarta Reaches 54% Completion

The construction of the new Terminal 2 at the Puerto Vallarta International Airport, a MX$9.2 billion (US$492 million) project by Grupo Aeroportuario del Pacífico (GAP), has reached 54% physical completion and is scheduled to begin operations in 2H27.

Mota-Engil Wins MX$7.63 Billion Queretaro-Irapuato Train Contract

Mexico's Rail Transport Regulatory Agency (ARTF) awarded a contract valued at MX$7.63 billion (US$407.05 million) to a consortium of companies led by Mota-Engil for the design and construction of the first section of the Queretaro-Irapuato passenger train. 

Officials Meet in Laredo to Review World Trade Bridge Expansion

Tamaulipas Minister of Economy, Ninfa Cantú, led a binational meeting in Laredo, Texas, alongside Mayor Víctor Treviño, to review the progress of the World Trade Bridge Expansion Project. The initiative is considered a cornerstone for strengthening trade between Mexico and the United States.

Latin American Construction Faces Growing Number of Risks: Chubb

The construction sector in Latin America is operating under increasing pressure due to a combination of economic, social, environmental, and technological risks, according to Chubb’s Construction Under Pressure: Risk Outlook in Latin America report.

FIBRA Index Grows 2.2% in July 2025

Mexico's S&P/BMV FIBRA Index gained 2.2% in July 2025, outperforming the benchmark S&P/BMV IPC index, which registered a slight decline of 0.1%, according to the latest FIBROMETRO report from MONEX.

Government, Private Sector Strengthen Tourism Industry

Minister of Tourism Josefina Rodríguez pledged to deepen collaboration with the private sector to strengthen the country’s position as one of the world’s top tourist destinations during a meeting with the Confederation of National Chambers of Commerce, Services and Tourism (Concanaco Servytur).

Mexico City C5 to Integrate Cameras From New Housing Developments

Mexico City's C5 Command and Control Center will connect external security cameras from private real estate developments to the city's public video surveillance ecosystem, following a new collaboration agreement with the National Chamber of the Housing Development and Promotion Industry (CANADEVI) Valle de México.

SADER Teams With CEMEX for Sustainable Farming in Hidalgo

The Hidalgo Ministry of Agriculture and Rural Development (SADERH) has partnered with CEMEX to advance sustainability and agricultural development through a joint initiative at the company’s Atotonilco de Tula plant.

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