Axel P's Profile
Super interesting post! As a fan of mass public transport systems, I was disappointed to hear that Toronto’s system is not properly addressing the needs of the city. In Mexico, many of the new investments for infrastructure, especially transport infrastructure, are being done through Public-Private Partnerships, with mixed results (some successful, some massive failures). Do you think that these types of partnerships might help to solve some of the issues faced by Toronto?
Great post! As you mention, the recent Energy Reform in Mexico sets a new sets of challenges ahead for Pemex, although it will be interesting how the State Owned Enterpise also takes advantage of its new liberties to try to optimize its bottom line. Some of the actions that are already being taken by Pemex are likely to be effective, and its well-thought new strategy appears to shift resources away from low profit activities (downstream) to higher margin ventures (E&P). For many of the downstream investments that Pemex had programmed (CHP plants, revamping, major maintenance), it’s either cutting back or trying to bring private capital through Public-Private Partnerships, so hopefully this smarter model of working together with the private sector will also help Pemex to improve.