Infrastructure

Infrastructure

China offered $300 billion in infrastucture deals

South China Morning Post - Mexico is looking to China to boost its economy while offering Chinese companies a share of $300 billion of infrastructure projects being planned for the country, which could serve as a link to exporting goods to the United States.

www.scmp.com/business/banking-finance/article/1307863/mexico-banks-china-get-back-feet

Forgotten by telecoms, town runs cell service

AFP - Left out by telecom firms like the one owned by billionaire Carlos Slim, the remote Mexican mountain village of Villa Talea de Castro now runs its own mobile phone network to communicate with the outside world.

www.france24.com/en/20130827-forgotten-telecoms-mexico-town-runs-cell-service

Tourism firms to invest $8.6 billion over 3 years

Reuters - Private companies plan to invest $8.6 billion in tourism projects in Mexico over the next three years, President Enrique Pena Nieto said on Wednesday, as the country's tourism industry works to overcome publicity from drug-related violence.

www.reuters.com/article/2013/08/21/us-mexico-tourism-idUSBRE97K12T20130821

Construction stalled on border bridge to nowhere

KHOU 11 News - A new bridge under construction on the border is nearly complete on the Texas side but Mexico has not started building its half of the structure. Right now it’s a bridge to nowhere.

www.khou.com/news/texas-news/New-border-bridge-to-nowhere-as-construction-in-Mexico-stalls-220248821.html

Tenaris, Ternium and Tecpetrol to build power plant

Marketwired - Tenaris, Ternium and Tecpetrol International announced a memorandum of understanding to jointly build and operate an 850-900MW natural gas-fired electric power plant in Nuevo Leon to supply Tenaris's and Ternium's facilities.

www.marketwire.com/press-release/tenaris-ternium-and-tecpetrol-to-build-and-operate-power-plant-in-mexico-nyse-ts-1822036.htm

Continued uncertainty about the 2.5 Ghz band

El Economista - A year after the federal government declared the beginning of the process of rescuing the 2.5 Ghz band, the process continues in uncertainty and the prevailing idea has arisen that it was an erratic procedure.

eleconomista.com.mx/industrias/2013/08/07/continua-incertidumbre-sobre-banda-25-ghz

Kio Networks opens two data center campuses

El Economista - The Mexican technological firm Kio Networks, which specializes in developing and hosting physical and virtual data centers, has opened two new campuses with an overall investment of $60 million. They are in Queretaro and Santa Fe.

eleconomista.com.mx/index.php

Paris-based Eutelsat to buy Satelites Mexicanos

Economic Times - European satellite operator Eutelsat is to buy Latin American firm Satelites Mexicanos for $831 million in a move to scale up its presence in the region. The Paris-listed company said the total value of the company is $1.14 billion.

economictimes.indiatimes.com/news/international-business/eutelsat-announces-purchase-of-mexicos-satmex/articleshow/21507964.cms

Work is about to begin on TJ airport link to San Diego

El Economista - Bidding for construction of a binational link to the Tijuana airport has been completed and Mexico is about to name the winner. A GAP executive said the chosen construction firm is 100 percent Mexican, but he declined to reveal the name.

a.com.mx/industrias/2013/07/30/preparan-obras-aeropuerto-binacional

Hutchison to upgrade Ensenada port

Seatrade Global - Hutchison Port Holdings has announced it will invest $1.5 million to further develop the port of Ensenada and improve its logistics operations. The firm will install a hybrid RTG crane capable to move up to 20 containers per hour.

www.seatrade-global.com/news/americas/hutchison-investing-in-mexicos-ensenada-international-terminal.html

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