Diario de Yucatán/AEE – Public money for infrastructure has not been invested effectively or efficiently. While expenditures have increased 7.8 percent since 2009, the value of the investment has consistently declined, according to the Secretariat of Finance and Public Credit.
Globe and Mail – TransCanada Corp. says it will spend about $550-million to build a 420-kilometre natural gas pipeline in Mexico. The Calgary-based company says the line would supply Mexico’s state-owned power company with nearly 900 million cubic feet of natural gas a day.
Sentido Comun -Nova Energy Infrastructure (IEnova) is unhappy with its disqualification from another FEC auction. Last Friday, CFE dismissed IEnova offer in the competition to build the Tula-Villa de Reyes pipeline.
San Diego Union-Tribune – U.S. and Mexican authorities said that they are working to address concerns over a possible delay in the opening of a much-needed new pedestrian border entrance in San Ysidro known as PedWest. The entrance’s 12 new lanes are part of a $741 million reconfiguration of the San Ysidro Port of Entry, which is scheduled for completion in 2019.
El Economista – Budget cuts to the Secretariat of Communications and Transportation (SCT) wipes out 37 highway projects, and the proposed extension of Metro Line A to Chalco-La Paz.
World Highways – The new elevated motorway connecting Mexico City ring road with Mexico-Cuernavaca motorway is due for completion in March 2016.
San Diego Union-Tribune – At a time when border waits can stretch for hours, the plan seems almost too good to be true: a major new international crossing between Tijuana and San Diego, where trucks and passenger vehicles would wait no more than 20 minutes to reach the border.
Dinero en Imagen – The Airport Group of Mexico City awarded the tender for leveling and clearance for the new Mexico City International Airport to the company Coconal, whose proposal was chosen over 32 from 80 companies.
San Diego Union-Tribune – An innovative privately operated international port of entry connecting San Diego with Tijuana’s A.L. Rodriguez International Airport launched operations on Wednesday, opening a new chapter in cross-border travel.
EFE – Mayor Miguel Angel Mancera inaugurated the Mexico City Metro’s Line 12, which has been plagued by construction problems and corruption allegations that led to the closing of several stations in 2014, over the weekend.
World Highways -Work is now underway on a new highway in Baja California Sur. The government has invested $148.7 million in building the new Cabo San Lucas-San Jose del Cabo highway.
Bloomberg – Mexico’s largest infrastructure companies have waited more than two years to get a piece of the capital’s new $13 billion airport project. Now as bids get under way, most are in poor position to compete. Enter billionaire Carlos Slim.
AP – Arizona lawmakers who hoped to build miles of fencing along the border with Mexico using millions of dollars in private money are pulling the plug nearly five years later after the state received just a fraction of the donations needed.
Televisa – Just a few weeks after reopening Metro Line 12, director of the Public Transport System Jorge Gaviño said rocking problems that cause wear on wheels and rails trains, will not disappear and will be a lifelong problem.
World Highways – A major upgrade of Mexico’s Atizapan-Atlacomulco road link is being planned. The work is expected to commence in 2016 and will cost in the region of $182.63 million.
Sentido Comun – International Container Terminal Services (ICTSI), the operator of the port of Manzanillo, obtained a loan of $117.5 million from the International Finance Corp. to modernize and expand the maritime terminal.
Reuters – Mexico and the United States said they will open two jointly staffed border stations on Mexican soil in a bid to streamline trade and improve communication at the frontier, which has suffered due to tensions over migration.
Quartz -The land border between the US and Mexico is 1,933 miles in length, and Donald Trump would like to see all of it sealed off—as would nearly half of all Americans, according to a survey by the Pew Research Center. Erecting an end-to-end barrier would be a complicated and costly endeavor, though.
El Economista – Thirteen banks lent the Airport Group of Mexico City (CMAG) $3 billion for the construction of the New Mexico City International Airport (NAICM). Banamex Citi, HSBC, Santander and JPMorgan contributed $300 million each, and the rest is contributed by the other nine.
Bloomberg – JPMorgan Chase & Co. has joined four banks to manage the sale of as much as $6 billion in bonds to fund Mexico City’s new airport, with the first dollar debt likely to come in 2016’s second half.