Image credits: Olga Subach
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Weekly Roundups

Government Promotes More Infrastructure Projects

By Paloma Duran | Thu, 09/15/2022 - 09:58

The government of Mexico City highlighted the role of responsible debt management as key to developing transport infrastructure projects. During his fourth Government Report, President López Obrador shared new data regarding the strengthening of and investment in port infrastructure. In addition, the Xentric District will become Queretaro’s first integrated business-residential complex, to be opened in 2025.

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 Mexico City Invests in Infrastructure While Reducing Debt

During her Fourth Government Report as Mayor of Mexico City, Claudia Sheinbaum said that the city government reported a considerable reduction in debt without compromising its large-scale investments in infrastructure projects. She underscored that Mexico City had received validation because of its excellent resource management. 

Mexico Grows Its Port Infrastructure

Investment in port infrastructure has grown in the past four years. Nevertheless, this development has been insufficient considering Mexico's sizeable coastal opportunities for its commercial activity, experts argue. 

Integrated Business-Residential Complex Comes to Queretaro

In recent years, Queretaro has seen significant development in its residential and industrial real estate development. The arrival of different industrial sectors in the state has promoted sustained economic growth in the city, which has significantly raised the quality of life of its inhabitants. This creates excellent opportunities to build efficient and innovative spaces where people can live, work, exercise and relax, without having to travel. Located in Juriquilla, Xentric District is the first business district that will turn this idea into reality.

López Obrador, Enrique Alfaro Supervise El Zapotillo Dam Works

President López Obrador and the Governor of Jalisco, Enrique Alfaro, visited the El Zapotillo dam to supervise enhancements works, the project is expected to ensure water supply for Guadalajara’s metropolitan area, which has been suffering from a water deficit for several years. 

BMV Creates the Mexican Carbon Association

As part of the initiatives of MEXICO2, the environmental market platform of The Mexican Stock Exchange Group (BMV), the financial entity announced the launch of the Mexican Carbon Association. The association’s main objectives will be to contribute to the fulfillment of the commitments made in the Paris Agreement, to work toward achieving the UN Sustainable Development Goals and to reduce the impact industries have on the environment. It will feature the participation of Mexico’s state government as well as other relevant market actors such as developers, intermediaries, buyers, service providers, certifiers and carbon market experts. 

The data used in this article was sourced from:  
MBN
Photo by:   Olga Subach
Paloma Duran Paloma Duran Journalist and Industry Analyst