Mexico to provide funds for USD478.68 million rail line PPP project
State Government of Jalisco in Mexico has announced a commitment to invest MXN2 billion (US$102.26 million) in construction works for the light rail line 4 project in Tlajomulco de Zuñiga. The state government will provide funding from its budgets for 2022, 2023, and 2024. The estimated investment value for the project is MXN9.72 billion (US$496.3 million), out of which a private partner will invest US$290 million.
Line 4 will connect Tlajomulco de Zuñiga with Guadalajara city along with stations at Periférico Sur, Adolf B. Horn, Concepcion del Valle, San Sebastian, La Fortuna, Centro Universitario, Tlajomulco Centro and Las Juntas. The light rail line is expected to provide services to 200,000 people per day.
In May 2022, President López Obrador pledged to invest US$400 million in Line 4 and the El Zapotillo storage dam. He signed a letter of promise stating that the light rail project would cost roughly US$100 million and that the funds would be funneled through the National Fund for Infrastructure (FONADIN).
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May 31, 2021
Winner announced for Rolling stock of USD7.4 billion train PPP project in Mexico
El Fondo Nacional de Fomento al Turismo (Fonatur) in Mexico has selected a consortium led by Bombardier Transportation for the acquisition of rolling stock and rail systems for the Mayan Train.
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May 18, 2021
Proposals received for Rolling stock of US$7.4 billion train PPP project in Mexico
El Fondo Nacional de Fomento al Turismo (Fonatur) in Mexico has received two proposals in response to tender for providing rolling stock of the Tren Maya system.
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August 21, 2020
40% of the route to be electrified for $7.4 B Maya Train I
The Fonatur in Mexico has announced the changes to the Maya train project. The Mérida-Cancún-Chetumal section of the project will be electrified from its original construction. The 690 km section comprises 40% of the total railroad.
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May 22, 2020
Fourth section of railway project in Mexico awarded
The Government of Mexico will award the fourth section of the Mayan Train project from Izamal to Cancun directly without bidding to the Mexican construction company Ingenieros Civiles Asociados (ICA), as was announced by the director-general of the Tourism Development Fund (Fonatur) earlier this week.
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May 06, 2020
16 teams bid for the III section of US$7.4 billion rail PPP in Mexico
Fondo Nacional de Fomento al Turismo (Fonatur) in Mexico has received 16 bids from companies for the third section of Maya train PPP project. The third section of Maya train includes the development of 172 kilometers long railway line connecting Calkiní, Campeche, Izamal, and Yucatán.
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