Christian Science Monitor - A mayor from Mexico's busiest port was arrested after a video showed him meeting with the Knights Templar cartel. Self-defense groups rose up against drug gangs they say government did little to stop.
Reuters - Mexico's telecom watchdog set a minimum bid price of 830 million pesos ($63.37 million) for two new free-to-air channels which are up for grabs as part of an effort to increase competition in the television and phone sectors.
EFE - Latin America's largest solar power plant, a facility with 39 MW of generating capacity, has gone online in the state of Baja California Sur. The Aura Solar I photovoltaic power plant will supply electricity to La Paz.
Emerging Markets - Investors in Mexican infrastructure projects have faced some uncomfortable unknowns. The new federal laws aim to attract foreign investment and give investors and contractors a more certain – and more familiar – environment.
Financial Times - As Mexico’s antitrust bill arrives in Congress, a dispute has erupted over a rail bil that would alter the terms of the two main railway concessions. The lower house has passed the legislation, which deals with concessions held by subsidiaries of Grupo México and Kansas City Southern. The bill is now before the Senate.
Bloomberg - A service halt on a new $2 billion subway line built in partnership with billionaire Carlos Slim is making Empresas ICA Mexico's worst performing stock. ICA shares slumped 15 percent last week as more than half the stations on the capital’s Golden Line were closed after twisted rails and damaged ties were endangering passengers.
Latin American Herald Tribune - The consortium that built the Mexico City Metro’s Line 12, currently out of service to allow for repairs of structural defects, said Wednesday the rails complied with safety standards and blamed the system operator for using the wrong kind of trains.
Railway Gazette - The Secretariat of Transport & Communications has published the environmental impact statement for the proposed high speed line between Mexico City and Querétaro and publishes environmental impact statement.
Reuters - U.S. and Chinese rail companies have expressed interest in the Mexican rail freight market if a bill that seeks to open up the sector to more companies is approved, the head of the lower house of Congress' transport commission said on Tuesday.
Reuters - Mexican construction company ICA said it had reached a deal to sell a majority stake in its prison business to a subsidiary of privately held Hunt Companies for 1.5 billion pesos ($113 million). ICA will sell 70 percent of two 22-year prison service contracts but retain the other 30 percent.