Image credits: Scott Blake
Weekly Roundups

Growth Opportunities for the Mexican Construction Sector

By Paloma Duran | Thu, 10/14/2021 - 13:38

The Mexican construction sector was the third industry to register the worst fall during the pandemic, with a reduction of 15 percent. However, specialists say the industry has new opportunities both nationally and internationally due to projects such as: the Mayan Train, the Interoceanic Corridor of the Isthmus of Tehuantepec and the Felipe Ángeles International Airport, which are expected to bring more investment and job opportunities in 2022.

Ready for more? Here is your weekly infrastructure news roundup!

FONATUR Presents MIA for Section 4 of the Mayan Train

FONATUR has presented the Environmental Impact Statement (MIA) for Section 4 of the Mayan Train to SEMARNAT, which has an investment totaling MX$25 billion. Authorities explained that they expect SEMARNAT to authorize the MIA within six months and stressed that while waiting, they will continue to develop the project and prepare the land, which is necessary to start the construction of the section.

NGOs Protest Against the Mayan Train at the UN

The Assembly of Defenders of the Maya Territory Múuch Xinbal, a regional organization of Mexican communities, has sent a letter to the UN, in which it says that the Mayan Train project is causing an ethnocide, since it violates their human rights and endangers their identity. The NGO also asked the Head of the UN-Habitat to stop collaborating with the project and to support the cause of the Mexican indigenous communities. Minister of Communications and Transportation (SCT), Jorge Arganis Díaz Leal, said he recognizes the project has caused problems with indigenous peoples. However, he assured that there is already a dialogue.

Senate Asks the SCT for More Information and Technological Improvement

During a meeting with the SCT in the senate, several officials asked Arganis for greater transparency for the 10 projects where public-private partnerships are to be found, as well as the criteria that exist to develop them. Senators also requested to improve the service and regularize the electronic toll collection, in addition to updating various processes with new technological developments.

AIFA's land connectivity is 39 percent complete

Arganis announced to the senate that the land connectivity developments in the Felipe Ángeles International Airport (AIFA) is 39 percent complete. The airport has an investment of MX$9.2 billion (US$450million) and its inauguration is expected in six months. To facilitate interconnection with the airport, the Mexico-Pachuca highway is being expanded and modernized, and an elevated highway  is being built.

CEMEX is Committed to Reducing its CO2 Emissions

CEMEX, along with 39 leading companies involved in the manufacture of cement and concrete, have committed to reducing their CO2 emissions by 25 percent by 2030. The commitment came from members of the World Cement and Concrete Association (GCCA), which includes companies from the Americas, Africa, Asia and Europe, and have the goal of achieving zero emissions. The GCCA announced that it has published a timeline to help companies fully decarbonize by 2050, in order to meet the goals of the Paris Agreement. 

The data used in this article was sourced from:  
Forbes, Real Estate Market & Lifestyle,Latinus, Diario El Independiente
Photo by:   Scott Blake
Paloma Duran Paloma Duran Journalist and Industry Analyst