LatinNews Daily - 22 November 2022

In brief: Setback for Mexico’s López Obrador over Tren Maya

*Mexican conglomerate Grupo México, which along with Spanish multinational Acciona is carrying out the construction of southern part of line 5 of the Tren Maya railway initiative, has released a statement saying that due to the “technical impossibility of carrying out the project in 11 months and handing it over by July 2023”, it has ended the contract early. The consortium denied breaching any terms of the current contract. It said it had carried out all of the actions necessary to comply with its termination, in line with legal and administrative procedures established based on the requirements of Fonatur, the federal government agency overseeing the Tren Maya project, in a framework of dialogue and good faith. It added that the settlement must be transparent and legal. However, the announcement drew anger from President Andrés Manuel López Obrador who in his daily press conference accused the consortium of failing to meet its obligations. The southern section of line five of the trainline would connect the popular beach towns of Playa del Carmen and Tulum in Quintana Roo state.

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