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Latin American Economy & Business - September 2018 (ISSN 1741-7430)
Mexico: Questions over AMLO’s Maya train project
Presidents often have pet projects. For Mexico’s outgoing Enrique Peña Nieto it has been the US$13bn-plus new Mexico City international airport. President-elect Andrés Manuel López Obrador (AMLO) doesn’t share that enthusiasm. He has questioned its value and suggested that there should be a public consultation in October on whether to drop it. But is AMLO’s alternative – a US$6.2-US$7.8bn tourism-focused rail project in the Yucatán peninsula, known as the Tren Maya – going to offer better value for money? Opinions are divided.
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- Bolivia: The rise of the high-rise: construction and real estate trends
- Mexico: US-Mexico deal not the full Nafta
- Mexico: Questions over AMLO’s Maya train project
- Argentina: Another wave of the currency storm
- Economic Highlights
- Region: Eclac trims back growth
- Region: Higher oil prices failing to bolster the region's economies
- Ecuador: Government efforts to drum up private investment
- Region: Higher metals prices having a more positive impact
- Region: Tough times for coffee producers
- Uruguay: Renewable energy on the up
- Brazil: Familiar but different
- Cuba: Authorities explore liberalisation of railways