Tuesday, February 11, 2014

Mexico planning passenger and cargo rail projects worth US$9.4bn

bnamericas.com
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Mexico's transport and communications ministry (SCT) is planning passenger and cargo rail projects with expected investment of at least 125bn pesos (US$9.4bn), according to a release from the SCT.

Some 13 projects are planned, including the Mexico City-Toluca, Mexico City-Querétaro and the Yucatán peninsula passenger trains at a cost of 95bn pesos, said SCT rail director Carlos Almada during a railway conference being held in Cancún, Quintana Roo state.

The SCT is also planning some 30bn pesos of cargo rail transport including the Aguascalientes-Guadalajara line in Encarnación that will reduce the distance between Manzanillo and Altamira ports by 200km or 16 hours.

Construction of the Manzanillo rail tunnel will also double the amount of rail cargo handling to 4mn TEUs.
Other key projects include the Coatzacoalcos, Celaya and Matamoros rail bypasses which will increase the speed of transport, and in the case of Coatzacoalcos, divert the transport of hazardous material away from the city.

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