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Mexico’s USD 1.3 trillion economy is the 15th largest in the world and the second largest in Latin America. In 2019, Mexico became the largest trading partner for the U.S.—ahead of China and Canada—with total trade valued at USD 614.5 billion, and it is the first or second largest export destination for 27 U.S. states.
Aware of the need to increase the quality, scope and coverage of the country’s infrastructure to remain competitive on the global stage, Mexican President Andrés Manuel López Obrador announced in 2018 the Construction and Modernization Program (CMP) 2018-2024 that included 13 priority infrastructure projects. Subsequently, in November 2019, he launched a National Infrastructure Plan in partnership with the private sector, whose first tranche had 147 projects with an initial private investment of USD 43 billion. More recently, in October 5, 2020, as part of the country’s economic recovery strategy, he announced the second round of the Infrastructure Plan, featuring 39 projects worth an estimated USD 13.8 billion.
In all of these announcements, the development of rail infrastructure (both freight and passenger) is mentioned prominently. Given the reach and ambition of these projects, the current administration is seeking to partner with experienced local and foreign firms.
Open to all U.S. companies interested in the Mexican market, please join us for an in-depth session to learn about key railway-focused initiatives that are being developed in the country (from the much-anticipated Mayan Train to the recently-announced Mexico City-Queretaro train), and the tools and resources available for market entry.
Major infrastructure projects identified:
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Trans-Isthmus Corridor.- connecting the Pacific Port of Salina Cruz, Oaxaca to the Mexican Gulf port in Coatzacoalcos, Veracruz, the project—part of a larger initiative to upgrade ports, roads, and airport facilities-- includes the refurbishment and equipment of 200 miles of railways worth a USD $220 million investment.
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Maya Train, linking five states in Southern Mexico and the Yucatan Peninsula through a 950- mile passenger and cargo train; potential investment of USD 7.6 billion.
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Mexico City – Queretaro Train, a 130-mile passenger / cargo train with double lane. The current investment is estimated at USD 2.4 billion.
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Suburban Train extension to Felipe Angeles International Airport-USD $591 million investment to build a rail spur connecting suburban train line to new airport being built in Santa Lucia.
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Rail Corridor Garcia-Monterrey International Airport.-107 miles of rail lines (originally used for cargo) re-purposed for a passenger light train; USD $932 million investment.
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Mexico City-Toluca Passenger Train.-completion of 36 mile intercity passenger train connecting the metropolitan area of Toluca with Mexico City; USD $3.5 billion investment
Business Development Opportunities:
- Engineering, design, and construction services with rail infrastructure specializations
- Suppliers of construction materials (including tracks, sleepers)
- Signaling and security systems
- Industrial, distribution and logistics centers
- Equipment and services for light train lines
- Project and cost management advisory services
- Financing Schemes / Investment funds
- Real estate developers
- Rolling stock suppliers
- Rail operators
Questions? For questions regarding this program, please contact Oscar Magana at Oscar.Magana@trade.gov.
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