“Massive Investments in Maya Train & Dos Bocas Refinery: A Game-Changer for Mexico”

The federal government has invested 750 billion pesos in two significant infrastructure projects during its tenure: the Maya Train and the Dos Bocas refinery. These projects are expected to be completed by mid-2024. Rodrigo Mariscal, the head of the Economic Planning Unit of the Ministry of Finance, revealed that 300 billion pesos have been allocated to the Dos Bocas refinery and 450 billion pesos to the Maya Train.

According to the Mexican Institute for Competitiveness (Imco), the total investment in the Maya Train is projected to reach 511.2 billion pesos by the end of President Andrés Manuel López Obrador's term. This figure is 228% higher than the original budget of 156 billion pesos. To date, three sections of the Maya Train route have been inaugurated, with the final section spanning the states of Quintana Roo and Chiapas yet to be completed.

Mariscal also noted that there was a significant 18.5% real annual increase in the federal government's infrastructure investment in the first half of this year. This increase is part of the administration's efforts to expand the country's productive capacity and enhance passenger and freight mobility.

The new Olmeca refinery, owned by Petróleos Mexicanos (Pemex) and located in Paraíso, Tabasco, is set to operate at full capacity from the start of August. The refinery will have a capacity of 250,000 to 260,000 barrels of gasoline per day. Federal government data shows that 398 billion pesos have been invested in the Dos Bocas refinery and the national system of refineries during the current administration's term.