Puerto Vallarta News

Puerto Vallarta News

Chinese Rail Contractor Also Owns President Nieto’s Home

The $7 million home on a 15,220-square-foot property in Mexico City's most exclusive neighborhood was built and is owned by Ingenieria Inmobiliaria del Centro, a company belonging to Grupo Higa, according the report published Sunday by Aristegui Noticias, website of journalist Carmen Aristegui.

Constructora Teya, another Grupo Higa company, was part of a Chinese-led consortium that received the $3.7 billion, Mexico-Queretaro high-speed rail contract, a project Pena Nieto showcased as part of his push to modernize transportation in the country. Opposition lawmakers criticized the rapid approval process that produce only one bidder . . .

Read Full Story

Related Posts

Baja gray whales

Gray whales make the longest trip of their lives to Baja

Gray whales swim from the Arctic to Baja lagoons each winter. Here’s where to watch...
peso today

Mexico’s peso briefly hit 17.98 as traders pile into carry trade

Mexico’s peso hovered near 18 per dollar, briefly hitting 17.98, as carry-trade flows and rate...
San Miguel Guadalupe Day

San Miguel Guadalupe Day turns streets into a sea of faith

San Miguel de Allende marked Guadalupe Day with packed Masses, street processions, and neighborhood celebrations...
Puerto Vallarta buses

Puerto Vallarta buses are coming but is 38 enough?

Jalisco Gov. Pablo Lemus says 38 new buses reach Puerto Vallarta next week, kicking off...