Click to Discover the Top 10 Mexican Cities for Quality of Life in 2024: Key Insights for Manufacturing Expansion

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8716 Sherwood Terrace
San Diego, CA 92154 USA
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Mexican Railroads will invest US$700 million

Mexican Railroads will invest US$700 million

Railroads in Mexico are poised to make significant investments totaling more than US$700 million this year, primarily directed towards infrastructure enhancement and equipment procurement.

According to Rogelio Velez, CEO of Ferrocarril Mexicano (Ferromex), the industry's prospects are promising, buoyed not only by government support but also by the favorable performance of the US economy.

Speaking at the XII Exporail conference, Velez outlined ambitious goals for 2013, aiming to achieve record figures with an investment of US$454.9 million for Ferromex and US$50.4 million for Ferrosur, primarily allocated to infrastructure and capacity enhancements. Notably, the focus will not be on acquiring new engines as substantial investments in this area have already been made.

Lorenzo Reyes Retana, Chief Operations Officer at Ferromex, echoed this positive outlook, emphasizing that both Ferromex and Ferrosur anticipate a robust annual growth rate of 4.8% during the 2012-2017 period.

This investment surge underscores the commitment of Mexico's railroad sector to modernization and efficiency, positioning it for sustained growth and competitiveness in the years ahead.

Source: Maquiladora Portal

 



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Co-Production International, Inc. Administrative Service Provider San Diego, California
Sales and Consultation Inquiries:
Toll Free: 855.480.0837

ico flag usaUSA Corporate Office
Ph: 619.429.4344
8716 Sherwood Terrace
San Diego, CA 92154
USA

ico flag usaMéxico Corporate Office
Tel.: 664.454.3330
Boulevard Agua Caliente 4558
Int. 701, Colonia Aviación
C.P. 22014, Baja California
info@co-production.net

ico flag usa Monterrey Nuevo León Office
Av. Benito Juárez 1102 Col. Centro
Piso 4 Torre Sur, Oficina 432
Monterrey, Nuevo León 64000, Mexico
info@co-production.net

Co-Production International, Inc. Administrative Service Provider San Diego, California

ico flag usaUSA Corporate Office
Ph: 619.429.4344 / 855.480.0837
8716 Sherwood Terrace
San Diego, CA 92154 USA

ico flag usaMéxico Corporate Office
Tel.: 664.454.3330
Boulevard Agua Caliente 4558
Int. 701, Colonia Aviación
C.P. 22014, Baja California
info@co-production.net

ico flag usaMonterrey Nuevo León Office
Av. Benito Juárez 1102 Col. Centro
Piso 4 Torre Sur, Oficina 432
Monterrey, Nuevo León 64000, Mexico
info@co-production.net

ico flag usaUSA Corporate Office
Ph: 619.429.4344 / 855.480.0837
8716 Sherwood Terrace
San Diego, CA 92154 USA

ico flag usaMéxico Corporate Office
Tel.: 664.454.3330
Boulevard Agua Caliente 4558
Int. 701, Colonia Aviación
C.P. 22014, Baja California
info@co-production.net

ico flag usaMéxico Monterrey Office
Av. Benito Juárez 1102 Col. Centro
Piso 4 Torre Sur, Oficina 432
Monterrey, Nuevo León 64000, Mexico
info@co-production.net