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$7.6B in Mexican railway projects on board for ‘14

Keywords: Tags  Mexico train projects, passenger trains, railway projects, Mexican Secretariat of Communications and Transportation, Bombardier, infrastructure program, Rodrigo Alonso


MEXICO CITY — The Mexican government has announced that it will tender three passenger train projects next year, representing investments of about 97 billion pesos ($7.57 billion).

Details of the projects will be published in early 2014, according to data from the Mexican Secretariat of Communications and Transportation.

The railway projects, which include the Querétaro-Mexico, Mexico-Toluca and Transpeninsular lines, are part of the country’s 2013-18 national infrastructure program.

Investment in the Mexico City-Querétaro route will be about 43 billion pesos ($3.36 billion), while the route connecting Mexico City with Toluca, the capital of Mexico state, will cost 38 billion pesos ($2.9 billion). The Transpeninsular line will cost about 16 billion pesos ($1.25 billion).

Montreal-based Bombardier Inc., the world’s largest train manufacturer, expects to participate in these projects, a spokeswoman told AMM sister publication Steel First, without disclosing further details.

The Mexican government earlier this year said it expects to invest about 4 trillion pesos ($311.82 billion) in public and private infrastructure projects in the country over the next six years (amm.com, Sept. 5).

Of this amount, 1.3 trillion pesos ($101.36 billion) will be invested in transportation and communications infrastructure, the government said.

The country’s infrastructure program includes construction of 15 highways, 29 roads, seven bridges, three passenger train projects and six public transportation systems.

A version of this article was first published in AMM sister publication Steel First.


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