Railroads Will Invest Up to US$450 Million in Mexico

The Mexican Railroads Association, Asociación Mexicana de Ferrocarriles (AMF), has informed that since the privatization of railroad service in 1997 and up to 2011, investments made by the sector amount to more than US$4 billion, resources that have been used to improve railways and purchase cars. Emilio Sacristan, General Director, AMF, informed during the presentation of Expo Rail, that investments to be made in the future by railroads will be between US$350 and US$450 million per year.