The government of Mexico reported progress on the construction of the country’s major railroad industry projects. In general, Mexico has a freight rail system owned by the national government and operated by various entities under concessions granted by the national government. Most of the service is freight-oriented and
Mexico’s federal government reported that it invested 1,558.4 million pesos in the construction and modernization of nine federal highways and the execution of two programs (right-of-way release and, studies and projects) the first half of 2022. From September 2021 to June 2022, the following actions were carried out:
Private investment in Mexico‘s airports totaled 8,914.2 million pesos between October 2021 and June 2022, according to the Federal Civil Aviation Agency (AFAC). Of this amount, 2,212.5 million pesos correspond to Grupo Aeroportuario del Sureste (Asur); 4,184.7 million pesos to Grupo Aeroportuario del Pacífico (GAP), and 2,517 million
The Mexican Ministry of Economy made changes to the General Import and Export Tax Law (LIGIE) and implemented the VII Amendment to the Harmonized System. First and foremost, the LIGIE serves as a crucial trade facilitation tool. It aligns with the Harmonized System, a common framework used by
The Mining Chamber of Mexico (Camimex) published the main new silver projects in Mexico, the world’s largest silver producer. According to the Mexican Geological Service (SGM), pure silver is a shiny, resistant, ductile and malleable metal. Of all metals, it has the highest reflective optical white color and
The seafarers’ crisis resulting from the Covid-19 pandemic complicated shipping operations worldwide. Due to the blockade, border closures and other restrictive measures, as many as 250,000 seafarers remained on board ships beyond their contracts or were unable to board new ships in 2021, disrupting crew changes and transfers,