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Mexico sets 100 billion dollar Rail, Roads and Ports plan

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Post by CanuckBob Mon Jul 15, 2013 3:15 pm

Interesting article..........

http://money.ca.msn.com/investing/news/business-news/mexico-sets-dollar100-billion-rail-ports-roads-plan

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Post by CheenaGringo Wed Jul 17, 2013 3:03 pm

I have to wonder if some of these new plans are in reaction to China's announcement that they will spend $40B on a new canal through Nicaragua to compete with the Panama Canal? If Mexico spends the money to improve their ports, roads and establish a new rail system, then maybe they will be able to compete cost wise and time wise versus ships traveling through either of the canals?

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Post by DonPito Fri Jul 19, 2013 1:19 pm

They are getting ready to open the new supercarretera between Mazatlan and Durango, which is a cutoff for shipments to get to either the US in Texas or the port in Tampico.

If you haven't seen it, here's a story with photos:

http://www.dailymail.co.uk/news/article-2352162/Taming-Devils-Backbone-How-Durango-Mazatlan-Highway-revitalize-northern-Mexico.html

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