ICA's 3rd quarter net profit dives 6 percent

Reuters - Mexican construction firm ICA said that its third quarter net profit plunged 61 percent from a year ago, when the company recorded an extraordinary gain from the sale of a tollroad project.

Sorting out Mexico City's transport system

IPS - Greater integration of public passenger transport is a major challenge facing the next government of the Mexican capital, one of the most traffic-congested cities in the world, if it wants to guarantee people the right to mobility.

Fire breaks out in Pemex pipeline in western Mexico

Reuters - A fire has broken out at a liquefied petroleum gas pipeline of Mexican state oil monopoly Pemex in western Mexico. A Pemex spokesman said the blaze in the town of Zapotlanejo was caused by a digger striking the pipeline.

Pena Nieto backs Pemex deal with Spanish shipyards

EFE - Mexican President-elect Enrique Peña Nieto said his administration will move ahead with the deal cut by state-owned oil giant Pemex with shipyards in the northwestern Spanish region of Galicia for the construction of floating hotels.

Tijuana to be first in Mexico to switch to digital TV

U-T San Diego - Tijuana, a city of more than 1.7 million residents, next year will become the first in Mexico to make the switch from analog to digital television. The rest of Mexico is scheduled to follow suit by the end of 2015.

Large-scale solar power plant inaugurated in Baja

Latin American Herald Tribune - Mexican President Felipe Calderon inaugurated a solar power plant that he touted as the region’s first, a pilot facility in Baja California that features 4,000 photovoltaic panels and 1 MW in generating capacity.

Readying a rail bridge across the Rio Grande

New York Times - Officials from both sides of the Rio Grande expect the completion in December of the Brownsville West Rail Bypass International Bridge, an eight-mile project that should make the growing trade between Texas and Mexico easier.

ICA Fluor part of deal to build Veracruz complex

Nasdaq - ICA Fluor, the industrial construction joint venture of Empresas ICA and Fluor Corp., is part of the venture awarded a multi-billion dollar contract to build new petrochemical complex Etileno XXI in Veracruz.

State-of-art prison inaugurated in Hermosillo

EFE - The government has inaugurated a federal prison featuring state-of-the-art technology in the northern Mexican state of Sonora, the first penitentiary built with the participation of the private sector.

Incoming government to create water ministry

Water World - Mexico's incoming PRI-party government plans to create a water ministry, independent from the environment ministry Semarnat, according to a constitutional reform proposal presented by PRI lawmaker Alfonso Inzunza.

Syndicate content