Mexico pays USD3.7bn to cancel 692 contracts for the construction of NMCIA

    Mexico Communications and Transports Secretariat (Mexico SCT) announced (28-Aug-2019) that 692 contracts regarding the construction of New Mexico City International Airport (NMCIA), were terminated. The contracted values totalled MXN189.6 billion (USD9.4 billion) and the Government paid MXN75.2 billion (USD3.7 billion) in cancellation compensations. [more – original PR – Spanish]