Exports of the mining sector in Mexico have registered ups and downs in recent years, according to data from the Bank of Mexico. In its most recent annual trajectory, exports from the mining sector, excluding oil, fell 3% in 2016, rose 24.2 and 14.8% in the next two
The federal government of Mexico reported that the Mayan Train project will require an investment of between 120,000 and 150,000 million pesos. On December 16, 2019, indigenous communities in the Yucatán Peninsula voted to approve the Tren Maya development project. The Mayan Train is expected to begin operating
At the end of 2019, Mexico had 299 state-owned or controlled entities. These entities include: majority state-owned companies (majority government-owned companies); decentralized organizations; public trusts, and productive companies of the state, including their subsidiary productive companies. Majority-owned companies include development banking institutions, such as Banco del Bienestar, S.N.C.
The Ministry of Finance and Public Credit (SHCP) proposed for the Puerto Escondido-Huatulco highway an item of 230 million pesos to the Congress of the Union. With the expansion of the Puerto Escondido-Huatulco highway, it seeks to reactivate and generate greater access to the tourist offer of the
The Mexican peso begins the session with an appreciation of 0.38% or 8.06 cents, trading around 21.02 pesos per dollar and touching a low of 20.9588 pesos, a level not seen since March 11. On the day, the peso is the seventh most appreciated currency, below the South
Mexico and Bolivia have import and export opportunities in their bilateral trade generated by the Economic Complementation Agreement (ACE) between the two. In 2018, a total of 97.5% of Bolivia’s tariff lines were duty-free for imports from Mexico, while under the Most Favored Nation (MFN) regime the liberalized