Image credits: Gobierno de México
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Weekly Roundups

Olmeca Refinery Inaugurated, its Construction Still Not Completed

By Paloma Duran | Wed, 07/06/2022 - 14:55

Last Friday, on July 1, the construction process that started on June 19 in Paraíso, Tabasco finally culminated in the inauguration of the Olmeca refinery. Amid the celebrations, controversies both old and new regarding the development of the Dos Bocas refinery have resurfaced. According to workers interviewed by El Economista, the refinery was inaugurated with little more than 35 percent of its work completed. Experts believe Olmeca will not reach full operational capacity until 2026.

Water Projects to Be Included in Third Infrastructure Package

Fifteen highway and water infrastructure projects are to be presented to President López Obrador by the Business Coordinating Council (CEE), with the aim to either include them in the third infrastructure package or to make them part of a later infrastructure plan. 

Government’s Mismanagement Slows Sector’s Growth: CMIC

The Mexican Chamber of the Construction Industry (CMIC) is displeased with the slow pace of the infrastructure packages launched by the federal government and the private sector. The chamber says the sluggish pace is a consequence of the government’s mismanagement.

The State of Mexico Spends the Most on Public Works

The State of Mexico, the second-largest Mexican state in terms of GDP, is the federal entity that spends the most on public work, reveals a recent study. The state surpassed more dynamic states like Mexico City.

Mexico City Metro Line 1 To Go Through Major Modernization

The Mexico City Metro is set to be updated, as the government plans a thorough remodeling of Line 1 to modernize its service after half a century of service. During the works, the line may be kept out of service for more than a year.  Authorities hope to turn the country's first and oldest subway route into the most modern in Latin America.

Mexico Is OECD Country With Lowest Infrastructure Expenditure

OECD’s International Transport Forum (ITF) reported that Mexico is the OECD member country that spent the least on infrastructure relative to its GDP in 2020, a factor that could impact its privileged position in the restructuration of global supply chains.

View from the Top: Strategic Plan Targets Efficient Land, Maritime Interfaces

API Salina Cruz’s Raúl Huerta outlines plans for current projects, including commercial port modernization.

View from the Top: Better Port Infrastructure Fundamental for Mexico’s Growth

Better port infrastructure is key to improving services for oil and gas companies and Mexico’s trade in general, says Energía Naviera’s Omar Reyes. 

View from the Top: Modernizing Mexico’s Merchant Navy

The merchant marine provides transport and logistics services across 21 states in Mexico and owns a specialized fleet of vessels. 

The data used in this article was sourced from:  
MBN
Photo by:   Gobierno de México
Paloma Duran Paloma Duran Journalist and Industry Analyst