Reuters - Mexico said on Saturday that President Felipe Calderon held talks with Singapore wealth fund Temasek over investments in the financial sector and ports in the Latin American country. Temasek recently set up offices in Mexico and Brazil.
CNNExpansion.com - President Felipe Calderón said Thursday that his government is committed to its six-year infrastructure policy and is keeping the development of the Colonet megaport project as a priority "because we know that is a great project for Mexico."
Yuma Sun - Mexico's Ministry of Communications and Transportation published new bidding specifications for companies seeking to build and operate a port at Baja California's Colonet and a rail line that would move cargo to the U.S. border. Prospective bidders have until Nov. 3 to submit formal interest in bidding on the project.
Sentido Comun - The Ministry of Communications and Transportation, in consultations with the private sector, is changing the terms of the auction planned for development of the Punta Colonet port development in Baja California. Nov. 3 is the new deadline for companies to register their interest in developing the project.
El Semanario - Empresas ICA administration and finance director Alonso Quintana said he hopes authorities will downsize the proposed Colonet port-rail project in Baja California and reiterated the company's refusal to take part in bidding to develop a new airport in the Riviera Maya.
Sentido Comun - Grupo Mexico says it intends to enter the government's bidding contests to expand the ports of Manzanillo and Colima and the development of a port and rail project at Punta Colonet. Proposals for all the projects are expected to be presented next month.
Maquila Portal - With a $10 million investment and 180 jobs, TigHitco Aerostructures started operations in Chihuahua yesterday to design and manufacture products the aerospace, defense, power generation and transportation industries.
The Secretariat of Communications and Transportation said that the proposed Punta Colonet megaport and rail line project in Baja California is feasible and that six consortia will bid to develop and operate the project.
Banobras director general Alonso Garcia Tames said the delay in development of the Colonet megaport in Baja California is due to a change in trade between the United States and Asia rather than financial issues and, as a result, currently is not feasible.