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Mexico’s $13 billion airport project is getting bogged down

Wednesday, September 13, 2017

Anyone who’s ever worked on a construction site -- especially a major public works one in Latin America -- will attest that mishaps and delays are all part of the job. But in the case of the New International Airport of Mexico City, the constant stream of troubles could come with some pretty hefty consequences for President Enrique Pena Nieto.

Replacing the nation’s grossly overcrowded main airport has been a key promise during Pena Nieto’s six-year term. Further delays to the $13 billion airport would be a stain on his record that goes beyond just hurting the chances of the next guy running on his party’s ticket. The left-leaning opponent who wants to take Pena Nieto’s place has vowed to scrap the project altogether.

Source: Bloomberg