Weekly Roundups

The Week in Infrastructure: Communities Consulted for Mayan Train

By Pedro Alcalá | Fri, 11/22/2019 - 13:25

Through a publication in the Diario Oficial de la Federación (Federal Official Gazette), the government has announced which indigenous communities in the Yucatan peninsula will host polling places to vote in the upcoming referendum to determine whether or not the Mayan Train should be built. 

The Piste, Chichimila, Tunkas, Tixpehual and Maxcanu communities were chosen in the state of Yucatan; the Reforma, Xul-ha, X-Hazil Sur and Coba communities in the state of Quintana Roo and the Xpujil, Don Samuel, Felipe Carrillo Puerto and Tenabo communities in the state of Campeche.  

Informative sessions to begin on Nov. 29 will also be hosted by these communities, while the voting will take place on Dec. 14 and 15. 

CCE: “National Infrastructure Plan Will Be Realistic”

As the unveiling of the National Infrastructure Plan on Nov. 26 draws nearer, CCE has declared that the projects outlined by the government in this initiative will be realistic and will involve significant participation from the private sector. 

CCE President Carlos Salazar Lomelín said in a press conference that the Council has agreed with the president not to include speculative or “fantasy” projects in the plan. 

Singapore & Guanajuato Sign Cooperation Agreement for Tehuantepec Isthmus

State leaders from Guanajuato and Singapore, through the Singapore Cooperation Enterprise, have signed an official letter of intent to be potential investment partners on the upcoming development of the Transisthmic Corridor, a rail project that runs across the Isthmus of Tehuantepec between Salina Cruz, Oaxaca and Coatzacoalcos, Veracruz. 

The project dubbed “Premier Logistics Hub” seeks to take advantage of the new trade opportunities created by this corridor, while positioning Guanajuato as a leader in the distribution of imported industrial components to the states of Aguascalientes, San Luis Potosi, Jalisco and Queretaro. 

Puebla Signs Public Housing Subsidies

The government of Puebla led by Miguel Barbosa has signed a cooperation agreement with INFONAVIT that guarantees the creation of a public subsidy worth over US$2.5 million, which will be destined to alleviate public housing credit debts. 

Targets for this subsidy will also include the regularization of housing documentation and the simplification of the public housing application process. 

Veracruz Restructures Debt to Participate in Federal Infrastructure Projects

In order to participate in the expansion of the Port of Veracruz and the development of the Transisthmic Corridor, the state of Veracruz has restructured its public debt, freeing up almost US$350 million.  

(image courtesy of https://radioformulaqr.com/ ) 

Pedro Alcalá Pedro Alcalá Senior Journalist & Industry Analyst