Scrapping of Mexican airport project may trigger treaty claims
An image of what the new airport would look like (Credit: Residencia Oficial de los Pinos, Ciudad de México)
An ICC claim is underway concerning cost overruns on a US$13.3 billion project to build a new international airport in Mexico City, as practitioners warn that the state may face a flurry of investment treaty claims if the incoming government makes good on a promise to scrap the project entirely.
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