{"id":4235,"date":"2015-10-20T06:39:00","date_gmt":"2015-10-20T05:39:00","guid":{"rendered":"https:\/\/portstrategy.nfdtesting.uk\/coastlink\/2015\/10\/20\/mexican-state-changes-port-infrastructure-funding-model\/"},"modified":"2015-10-20T06:39:00","modified_gmt":"2015-10-20T05:39:00","slug":"mexican-state-changes-port-infrastructure-funding-model","status":"publish","type":"post","link":"https:\/\/www.portstrategy.com\/coastlink\/2015\/10\/20\/mexican-state-changes-port-infrastructure-funding-model\/","title":{"rendered":"Mexican state changes port infrastructure funding model"},"content":{"rendered":"<p>Instead, profits or surpluses generated by individual port authorities (API) will be channelled into a new trust fund whose administrators will determine which projects in which ports will receive the funding they need.<\/p>\n<p>Indeed, so difficult is the current financial situation of the government that the recent state budget allocated resources worth $38m to just seven port authorities, leaving nine bodies without any funding at all for the coming year.<\/p>\n<p>\u201cWhat we are trying to do is ensure that no port project is cancelled,\u201d said Guillermo Ruiz de Teresa, the general co-ordinator of ports and the merchant marine for the ministry. \u201cWe are therefore having to find new ways of sustaining them economically.\u201d<\/p>\n<p>However, he noted that this change in finance would not be complete until 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mexicos Transport &amp; Communications Minister has stated that, as of 2018, port infrastructure work will not be financed using state resources, given a cut in central government funding.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20],"tags":[],"sponsor":[],"class_list":["post-4235","post","type-post","status-publish","format-standard","hentry","category-south-america"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/4235","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/comments?post=4235"}],"version-history":[{"count":0,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/4235\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/media?parent=4235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/categories?post=4235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/tags?post=4235"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/sponsor?post=4235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}