Mexico's Infrastructure: Investments, Delays and Sustainability
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Mexico's Infrastructure: Investments, Delays and Sustainability

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Karin Dilge By Karin Dilge | Journalist and Industry Analyst - Thu, 05/18/2023 - 09:00

Mexico is set to receive a significant investment of MX$70 billion (US$3.9 billion) for its third infrastructure package, highlighting the government's commitment to enhancing the country's transportation and energy sectors. However, the Texcoco Park project, aiming to transform an abandoned airport into an ecological park, faces delays and challenges due to funding, legal disputes and environmental concerns.

 

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Mexico Anticipates MX$70 Billion for Third Infrastructure Package

Mexico is expected to witness an estimated investment of MX$70 billion (US$3.9 billion) for its third infrastructure package from the federal government. The package aims to boost the country's infrastructure development, including transportation and energy projects. This significant investment underscores Mexico's commitment to enhancing its infrastructure and driving economic growth.

 

Mexico's Texcoco Park Project Faces Significant Delays, Slow Progress

Mexico's Texcoco Park project is progressing at a slow pace. The ambitious initiative, which aims to transform an abandoned airport into a large ecological park, has faced multiple challenges and delays. Issues such as lack of funding, legal disputes and environmental concerns have hindered the project's advancement.

 

Revival of the Mexico-Queretaro Train Project

The Mexico-Queretaro train project, which had previously been canceled, is now seeing renewed interest and potential investment from private companies. This holds promising prospects for improving connectivity between Mexico City and Queretaro. With private sector involvement, the project aims to address the growing transportation needs of the region and boost economic development. 

 

Mexico and US Reach Agreement on Migration and Pipeline Infrastructure Investments

Mexico and the US have reached an agreement on migration policies and multi-billion-dollar pipeline infrastructure investments. The agreement aims to address migration challenges while fostering economic cooperation and enhancing energy infrastructure between the two countries.

 

CFE Prepares for Hurricane Season by Introducing New Technology

Mexico is preparing for hurricane season in the Pacific and Atlantic Oceans. CFE has outlined a strategy for before, during and after the natural phenomena, which includes the introduction of state-of-the-art technology, such as the CFE Master Central Unit: a control and supervision system of the electric network. Currently, CFE has installed nine of those units, in addition to 198 satellite communication services for reporting damages and coordinating restoration activities.

 

Green Tank, Beeok to Promote Sustainable Business Practices

Green Tank and Beeok will measure the plastic and carbon footprints of 25 Mexican and Caribbean companies to provide advice for the management of plastic waste and greenhouse gas emissions. Green Tank is a Mexican consultant specialized in sustainability, climate change and circular economy. Beeok is a software company for sustainability, with subsidiaries in Chile, Colombia, Peru and Mexico.

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