Wednesday, January 22, 2025

Isthmus of Tehuantepec investment of 2.5 billion pesos this year

The federal government’s development plan for the Isthmus of Tehuantepec will kick off with the allocation of 2.5 billion pesos (US $129.1 million) this year.

The ambitious project has been estimated to cost a total of 8 billion pesos, and will entail the modernization of existing port and railway infrastructure and the construction of a new stretch of rail.

The federal Secretariat of Communications and Transportation (SCT) said 1.5 billion pesos ($77.5 million) has been allocated this year to start the modernization of the ports of Coatzacoalcos, Veracruz, and Salina Cruz, Oaxaca.

The whole project relies on the rail connection between both sides of the isthmus, and 645 million pesos has been allocated to that end.

The railway’s existing route is to be straightened and its slopes reduced, shortening an eight or nine-hour trip to just five. An additional stretch of railway is to be laid to connect the transisthmus rail line to the port of Salina Cruz.

These modifications will improve security and allow for greater volumes of cargo to be shipped between ports, the SCT said.

The work is to be completed in two years’ time.

Source: Milenio (sp)

A loaded container ship leaving the port of Lazaro Cardenas in Mexico

Moody’s: US tariffs could cost Mexico’s GDP growth 1 percentage point

0
The financial services company warned Monday that President Trump’s promised Mexico tariffs could limit 2025 economic growth to 0.6%.
El Punto is the first of three deportee shelters to go up in Ciudad Juárez, Chihuahua.

Mexico building network of border shelters to receive deportees

0
Mexican deportees can stay at the shelters for a few days while authorities assist them in organizing transport to their home communities.
Just hours after his inauguration as the 47th president of the United States, Donald Trump signed a number of executive orders directly related to Mexico.

Trump’s first day in office: 5 executive orders targeting Mexico

63
Here is a summary of five Mexico-related executive orders Trump signed in the Oval Office of the White House on Monday night.