Tag Archives: investors

Saga of a Defunct Airport

By RICARDO CASTILLO     It’s official: The “pharaonic” construction of the New International Mexico Airport (NAIM) was announced defunct last Dec. 27 The cancellation of the ongoing construction comes four years after former President Enrique Peña Nieto, along with the Mexico City Airports Group – in charge of building – announced its beginnings. The decision was announced by the new Mexican

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The Mexican People Have Spoken, and They Said ‘No New Airport’

By RICARDO CASTILLO     The behemoth New International Mexico Airport (NAIM) project was declared defunct on Monday, Oct. 29, by President-elect Andrés Manuel López Obrador (AMLO) after the “no” vote triumphed overwhelmingly during the four-day (Oct. 25 through Oct. 28) national consultation poll carried out by the now-ruling National Regeneration Movement (Morena) political party. The airport construction, at about 20 percent completion (32

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The Pros and Cons of Mexico City’s New Airport Proposal

By RICARDO CASTILLO     The open referendum to approve or disapprove the no-binding construction of the New International Mexico Airport (NAIM) started on Thursday, Oct. 25, and will end on Sunday, Oct. 28. In case you’re not tuned into the situation, which is the nation’s largest and noisiest gossip topic nowadays, here are some of the pro and con opinions regarding the controversial

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