Intercity passenger train could take another 3 years to complete

The problem-plagued Mexico City-Toluca train project will take another two to three years to complete, President López Obrador said yesterday.

The president told reporters at his morning press conference that the budget allocated to the project this year will be insufficient to finish it, adding that the rail line will end up costing 65 billion pesos (US $3.4 billion).

Construction of the 57-kilometer railway, which is expected to cut travel time between the national and México state capitals to just 39 minutes, has been delayed by protests, construction problems and legal problems. It was originally scheduled to be completed by December 2017.

López Obrador’s cost estimate is almost double the 33-million-peso price tag authorities originally predicted.

The president also criticized the past federal government for leaving other infrastructure projects unfinished, specifically citing a light rail project in Guadalajara, Jalisco, which needs an additional 3.5 billion pesos (US $182.3 million) to complete.

“Importance was given to all the current projects but there are so many that this year’s budget won’t be enough . . . So, we’re going to prioritize. Perhaps we’ll finish the Guadalajara train [first] . . . then we’ll have the Mexico City-Toluca one to finish in two or three years,” López Obrador said.

Before he was sworn in as president on December 1, López Obrador said his government would prioritize seven urgent infrastructure projects including the Maya Train, a trade corridor in the Isthmus of Tehuantepec and the provision of internet to the whole country.

Former president Enrique Peña Nieto’s signature project, the new Mexico City international airport, has been cancelled.

Source: El Financiero (sp) 

Have something to say? Paid Subscribers get all access to make & read comments.
vegetables

A decline in inflation prompts Mexico’s central bank to cut its key interest rate

0
The central bank once again showed its willingness to cut its interest rate even as inflation remains above the 3% target, but this time it indicated that no more such cuts are likely this year.
Todd Blanche

US AG: More charges against Mexican politicians are coming

15
"We've already indicted multiple government officials out of Mexico ... And so that's something that will continue," acting U.S. Attorney General Todd Blanche said in a NewsNation interview on Wednesday.
A sea turtle digs into a sandy beach

Tamaulipas reports a strong nesting season for the world’s rarest sea turtle

2
Authorities in Tamaulipas have counted over 207,000 eggs across 2,307 nests for far this year — an encouraging early tally for the world's most endangered sea turtle.
BETA Version - Powered by Perplexity