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Government seizes Grupo México railway line for interoceanic corridor

Mexico City, May 20 (Prensa Latina) By decree, the Mexican government today declared the public utility of three railway sections, concessioned in Veracruz to Grupo México, to benefit the interoceanic corridor project of the isthmus.

Consequently, this Saturday the federal Executive ordered the temporary occupation of the three concession lines to Ferrosur, a company that is part of the mining group of billionaire Germán Larrea, the second richest man in Mexico after Carlos Slim and responsible for their still being buried in the Pasta de Conchos mine 63 miners.

A decree published in the Official Gazette of the Federation established national security as justification to declare the public utility of sections of roads that go from Medias Aguas to Coatzacoalcos, from Hibueras to Minatitlán and from El Chapo to Coatzacoalcos, in Veracruz.

The takeover occurred after, last week, Larrea, owner of Grupo México, went to the National Palace to discuss the acquisition of the Citibanamex bank, an operation valued at seven billion dollars.

The occupation is surprising, since since November 2021, Rafael Marín Mollinedo, then general director of the Interoceanic Corridor project, had assured that they were in negotiations and even that there was an agreement with Grupo México to use a section of its road in favor of development of the corridor

Apparently there were problems with Larrea’s company, against which dozens of accusations of environmental destruction with its mines, damage to the groundwater table, river contamination and other ecological disasters weigh.

Also the Pasta de Conchos accident due to violations in the security infrastructure and refusal to rescue the corpses under false arguments, but his empire does not stop nor have the demands prospered.

In accordance with the decree, the conservation and provision of the public rail transport service, use, operation, exploitation and other improvements in such sections are declared of public utility and “immediate temporary occupation is ordered in favor of Ferrocarril del Istmo de Tehuantepec.

President Andrés Manuel López Obrador had already said he was surprised by a million-dollar lawsuit filed by Grupo México against the Government of the Republic, after, due to breach of contract for a section of the Mayan Train, the work was commissioned to three more companies.

The Secretary of the Interior, Adán Augusto López, sent a proposal to Larrea in order to prepare an opinion by the military engineers regarding the amount of what that group built and invested in the route that goes from Playa del Carmen to Tulum.

The idea was that neither more nor less would be paid than what they actually invested in a section of approximately of 60 kilometers, and although he sent to say that he accepted, he changed his mind and announced that he would sue the Government.

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