Puerto Rico submits reconstruction plan to US congress
The plan includes various infrastructure projects, which require US$139bn in investments.
The plan includes various infrastructure projects, which require US$139bn in investments.
The rail concessionaire will invest the proceeds in its network.
The country's housing ministry is currently looking at five local companies before choosing one to finish the US$26mn project in the Araucanía, in order to resume works by October.
The issue, carried out by Intervial subsidiary Ruta del Maipo, will finance the costs associated with a bond swap offer issued earlier this month.
Authorities in the country are currently reviewing the contracts held by the companies involved in the corruption allegations, but will not take action on them until the courts issue rulings on them or if the firms run into financial trouble.
Mexico's president-elect and his pick for infrastructure minister gave details on the future government's public infrastructure team and the actions it will take.
In a federal government survey, relevant players identified several potential improvements for the sector's frameworks.
The troubled Chinchero airport project inched its way closer to restarting, as the government plans to call bids for an earthworks contract.
The US$14mn project entails turning a navy air base into a mixed use terminal that can also be used for commercial flights.
The two projects, which are part of the city's Transmilenio bus system, are expected to act as feeder lines for Bogotá's first metro line.