Mexican environmental authorities have levied a US$555,000 fine against a project to build a massive trade center south of Cancun which would showcase Chinese products.
Mexico’s attorney general for environmental protection late on Thursday said that the fine was for building roads through wetlands and affecting coastal ecosystems without authorization.
The office said the project known as Dragon Mart did not wait for the authorization of environmental impact statements. It was unclear whether work on the project just south of Cancun would be closed, because the case is still before the courts.
Dragon Mart, located just south of the resort of Cancun, describes itself as an “international product exhibition center ... with a special emphasis on China.” The company said in a statement to reporters that it was studying the ruling but did not believe that the project had caused any environmental damage.
The project has been criticized because of its sprawling size — about 142 hectares of residential, warehouse and exhibition space — and because of concerns about deforestation and the massive quantities of wastewater it would create.
Environmentalists said on Friday the fines were a positive step, but called for the project to be halted or scaled down.
United Voice for Puerto Morelos activist Rosa Elisa Rodriguez called the fines “a first step.”
“I think there are a lot of things behind this that must be investigated, such as how they could have gotten [construction] permits without having realized the need for environmental impact statements,” Rodriguez said. “If the laws were really correctly enforced, I think this [project] should not continue, or if it does, in a much more controlled way.”
The decision is the latest episode in an ongoing battle against nearly uncontrolled development along the coast south of Cancun, an area known as the Riviera Maya.
Residents of the island of Cozumel have filed complaints against a project to expand the cruise ship dock there.
The Ocean Futures Society’s Rodrigo Navarro said the cruise port operators are sinking pilings into the ocean floor without putting up the protective membranes that were supposed to protect surrounding coral beds from sediment kicked up by the project or potential oil spills.
Navarro also said the new arm of the cruise ship dock would force ships to maneuver only 22m away from the national coral reef park near Cozumel, a popular spot with divers, which might force temporary bans on diving when ships pull in, in order not to endanger divers.
With an approval rating of just two percent, Peruvian President Dina Boluarte might be the world’s most unpopular leader, according to pollsters. Protests greeted her rise to power 29 months ago, and have marked her entire term — joined by assorted scandals, investigations, controversies and a surge in gang violence. The 63-year-old is the target of a dozen probes, including for her alleged failure to declare gifts of luxury jewels and watches, a scandal inevitably dubbed “Rolexgate.” She is also under the microscope for a two-week undeclared absence for nose surgery — which she insists was medical, not cosmetic — and is
CAUTIOUS RECOVERY: While the manufacturing sector returned to growth amid the US-China trade truce, firms remain wary as uncertainty clouds the outlook, the CIER said The local manufacturing sector returned to expansion last month, as the official purchasing managers’ index (PMI) rose 2.1 points to 51.0, driven by a temporary easing in US-China trade tensions, the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. The PMI gauges the health of the manufacturing industry, with readings above 50 indicating expansion and those below 50 signaling contraction. “Firms are not as pessimistic as they were in April, but they remain far from optimistic,” CIER president Lien Hsien-ming (連賢明) said at a news conference. The full impact of US tariff decisions is unlikely to become clear until later this month
GROWING CONCERN: Some senior Trump administration officials opposed the UAE expansion over fears that another TSMC project could jeopardize its US investment Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is evaluating building an advanced production facility in the United Arab Emirates (UAE) and has discussed the possibility with officials in US President Donald Trump’s administration, people familiar with the matter said, in a potentially major bet on the Middle East that would only come to fruition with Washington’s approval. The company has had multiple meetings in the past few months with US Special Envoy to the Middle East Steve Witkoff and officials from MGX, an influential investment vehicle overseen by the UAE president’s brother, the people said. The conversations are a continuation of talks that
CHIP DUTIES: TSMC said it voiced its concerns to Washington about tariffs, telling the US commerce department that it wants ‘fair treatment’ to protect its competitiveness Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday reiterated robust business prospects for this year as strong artificial intelligence (AI) chip demand from Nvidia Corp and other customers would absorb the impacts of US tariffs. “The impact of tariffs would be indirect, as the custom tax is the importers’ responsibility, not the exporters,” TSMC chairman and chief executive officer C.C. Wei (魏哲家) said at the chipmaker’s annual shareholders’ meeting in Hsinchu City. TSMC’s business could be affected if people become reluctant to buy electronics due to inflated prices, Wei said. In addition, the chipmaker has voiced its concern to the US Department of Commerce