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LatinNews Daily - 27 July 2022
In brief: Cost of Mexico’s Tren Maya increases
*Mexico’s President Andrés Manuel López Obrador has stated that his flagship Tren Maya railway line infrastructure project on the Yucatán peninsula will cost the government between US$15bn and US$20bn. This is a significant increase on the previous estimates given for the project’s cost, which started at M$140bn (US$6.8bn) before rising to almost M$200bn. Earlier this month, López Obrador declared the project an issue of “national security” to justify the resumption of infrastructural works on section five of the Tren Maya despite this having been suspended on environmental grounds by a district judge in Yucatán state back in May.
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