Image credits: Espejo del Poder
Weekly Roundups

Transisthmic Corridor Contract Signed

By Pedro Alcalá | Fri, 02/14/2020 - 14:28

Four tenders were published last week by the parastatal Tehuantepec Isthmus Railroad (FIT) to cover repairs of 157km of train tracks from the Port of Coatzacoalcos in the state of Veracruz to the Port of Salina Cruz in the state of Oaxaca. One of them has already resulted in a contract signed with La Peninsular, a company belonging to Carlos Hank Rhon’s Grupo Hermes to invest over US$43 million to rehabilitate 49km of railroad.  

A total of over US$129 million will be invested to repair the 157km, which represents over half of the 308km distance that makes up the whole Transisthmic Corridor expected to compete with the Panama Canal. 

Ready for more? Here’s the Week in Infrastructure!

FONATUR Presents Legal Complaint Against Mayan Train Delay

FONATUR presented a formal legal complaint to a First District Judge in the state of Campeche to block the recently imposed delay on the Mayan Train Project.

According to FONATUR Legal Director Alejandro Varela, this complaint was filed with the support of the National Institute of Indigenous Nations (INPI) that participated in the controversial poll that took place at the end of last year.  

Cost for Buenavista-Santa Lucia Train Doubles

During a presentation in ExpoRail2020, CAF (Spanish railroad developer Construcciones y Auxiliar de Ferrocarriles) Mexico Director Maximiliano Zurita explained that the cost to extend Mexico City’s suburban train to a new terminal in the Santa Lucia airport has doubled since the project was first presented.  

According to Zurita, the cost of the project as contemplated in the National Private Sector Infrastructure Investment Agreement signed last November was of little over US$539 million, but recent studies have revealed the total cost to approach US$1.08 billion. 

Hutchison Inaugurates Veracruz Unloading Terminal

Framed by the ongoing expansion and modernization of the Port of Veracruz, major marine infrastructure conglomerate Hutchison Ports has announced that its new Veracruz unloading terminal is now operating at 100 percent capacity. 

Hutchison Ports consolidated this project through a US$485 million investment and a collaboration agreement with API Veracruz. The new terminal, known as Hutchison Ports ICAVE Container Terminal, is one of five major new spaces that will make up the newly modernized Port of Veracruz.

Deputies Request Supervisory Tours

During a meeting of the Communication and Transportation Commission in the Chamber of Deputies, PRI legislator Eduardo Zarzosa requested more updates and supervisory tours for deputies interested in overseeing the ongoing construction of both the Santa Lucía airport and the Mayan Train. 

The data used in this article was sourced from:  
El Occidental, ContraRéplica, El Heraldo de México, Diario Rotativo de Querétaro
Photo by:   Espejo del Poder
Pedro Alcalá Pedro Alcalá Senior Journalist & Industry Analyst