Colonet
Megaport project at Colonet is still viable, says Fox
Mexbiznews.com - The reasons for building a megaport and rail system at Baja California's Punta Colonet remain valid, former Mexican President Vicente Fox said Thursday of what was to have been the biggest infrastructure project of his administration.
International Meal raises $100 million for expansion
Sentido Comun - International Meal Co., which owns the House & Bistro and The Gallery restaurant chains as well as Champs Elysées and Casa Avila, raised $100 million through the private sale of shares to institutional investors to finance its expansion plans.
www.sentidocomun.com.mx/breves.phtml
Guyamas port might succeed where Colonet fails
El Semanario - Plans for a port at Guaymas, Sonora, for which four foreign fimrs already are pre-registered for a bid to build and operate the facility for 30 years, might succeed where those for a port at Punta Colonet appear to have stalled indefinitely.
Praxair plans $150 million in gas investments
Dow Jones - U.S. industrial gases producer Praxair Inc. will invest $150 million in central Mexican towns of Ciudad Sahagun and Tepeji del Rio, among others, this year at plants that produce hydrogen and other gases.
Economic recovery is not guaranteed, says Cordero
El Financiero - Mexico's economic recovery is not guaranteed, given its dependence on the United States, said Finance Minister Ernesto Cordero, who called for the adoption of additional economic structural reforms.
69 strikes have occurred during Calderon's term
El Economista - A total of 69 strikes have occurred in the first three years of the Calderon Administration, according to a report by the Federal Board of Conciliation and Arbitration . The figure is significantly lower than in the past two administrations.
eleconomista.com.mx/notas-online/negocios/2009/11/29/estallan-69-huelgas-tres-anos-gobierno-calderon
Calderon's statement casting doubt on economy
El Semanario - President Felipe Calderon's statement that Mexico's economy might shrink between 7 to 8 percent in 2009 has increased uncertainty about the future of the national economy since the figure will define whether the economy is improving.
Colonet port might eventually expand
mexbiznews.com - Even though Mexico has scaled back the Colonet port project to receive only 1 million TEUs of cargo shipments annually, that does not mean that the Baja California project will not eventually be expanded to process the 6 to 8 million TEUs originally envisioned, SCT Secretary Juan Francisco Horcasitas said.
Calderon meets with Temasek on investments
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.
Calderon says Colonet remains a top priority
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."
