Mexico City invests $2.25 billion to renovate Metro Line 3
2026-07-18 10:07
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en.Wedoany.com Reported - Mexico's Tehuantepec Isthmus Interoceanic Corridor (CIIT) is investigating a new railway incident on its Z Line, where two articulated freight units derailed on the evening of July 14. Federal authorities emphasized that the incident was of low severity and did not disrupt freight operations, despite initial comparisons to a fatal passenger train derailment on the same corridor in late 2025.

The Mexican government announced that it will invest over 20 billion pesos (US$1.15 billion) during President Claudia Sheinbaum's term to restore the Atoyac, Tula, and Lerma-Santiago river systems. This is one of the country's largest environmental and water infrastructure projects.

Rental prices in Mexico City have risen 9.6% year-on-year, further widening the housing cost gap.

Mexico City plans to invest over 40 billion pesos ($2.25 billion) to modernize Metro Line 3, including procuring 45 trains, replacing tracks, and renovating all 21 stations. Major construction work is set to begin in 2027, with authorities pledging that no stations will be closed in 2026.

Mexico has relaunched the bidding process for the Rosarito desalination plant in Baja California, after the previous round failed to receive qualified proposals. The federal government aims to start construction by August 2026 and complete this strategic water project by 2029.

Mango has raised $6 million to expand its construction financing platform, supporting contractors and improving access to working capital across Mexico.

Volaris will introduce Starlink satellite internet across its entire Airbus fleet starting in 2027, becoming the first airline to offer the service in Mexico, Costa Rica, and El Salvador. The rollout will cover over 150 Airbus A320 and A321 aircraft, providing passengers with high-speed, low-latency wireless internet from takeoff to landing.

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