Grupo Carso agrees to rebuild metro line

Grupo Carso agrees to rebuild metro line

Project & Infrastructure Finance Railroads Regulation Mexico

Mexican conglomerate Grupo Carso said it will rebuild an elevated subway line that collapsed in May and killed 26 people, according to a securities filing. Grupo Carso, owned by billionaire Carlos Slim, denied responsibility for the accident but said it signed the agreement to not delay repairs to the section that fell. It also said it will reinforce an elevated section that it built in 2013 in order to bring it up to building codes that were revised in 2017.  Grupo Carso did not say how much it

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