Mexico to tender new rail line concession in 2017

The Mexican government is planning to launch a tender for the concession of the Chiapas-Mayab rail line in May or June, 2017. The announcement was made by transport undersecretary Yuriria Mascott, who said that the Communications and Transport Ministry (SCT) is in the process of registering the project with the Finance Ministry (SHCP) in order to obtain the relevant authorization before launching the tender.

According to Mascott, the government is planning to merge the Chiapas-Mayab line with a concession currently operated by the Istmo de Tehuantepec trust, so that both can be put out to tender as a single line.

This new line will serve to connect the country’s special economic zones (ZEE) that are currently being developed in the country’s southern region and which are expected to start operating in 2018.

“The current government has invested MXN 3 billion (USD 148 million) in this line, and we are planning to invest an additional MXN 1 billion (MXN 48 million) this year,” added Mascott.

The current government of Mexico has decided to revive passenger rail projects with the construction of the MXN 44 billion (USD 2.14 billion) Mexico City-Toluca interurban train and line 3 of Guadalajara’s light rail system.


Share on:
Facebooktwitterlinkedinmail

 

RECOMMENDED EVENT: