Current:Home > StocksMexico’s hurricane reconstruction plans prioritize military barracks, owners left to rebuild hotels -Wealth Empowerment Academy
Mexico’s hurricane reconstruction plans prioritize military barracks, owners left to rebuild hotels
View
Date:2025-04-14 02:43:07
MEXICO CITY (AP) — Mexico’s government laid out hurricane reconstruction plans Tuesday for the resort of Acapulco that seem to give as much priority to building military barracks as re-opening hotels.
President Andrés Manuel López Obrador said he hoped owners would be able to reopen as many as 35 of the resort’s 377 hotels by March or April, following the destruction of Hurricane Otis, the Category 5 storm that smashed into the city Oct. 25.
But his administration plans to build 38 new barracks in the resort for the quasi-military National Guard, in addition to five that already exist there. Each barracks will house 250 Guard troopers, who are recruited from or trained by the army.
That would mean between 9,500 and 10,000 Guard troops would be stationed permanently in the resort, about the same number sent there following the hurricane, which caused at least 48 deaths.
In the days following the storm’s Oct. 25 landfall, Guard troops proved incapable of stopping days of ransacking that stripped every large- and medium-sized store in Acapulco to the walls.
López Obrador has promised a barracks in every neighborhood of the resort, which has also been hit by nearly 20 years of drug cartel violence. The president has given the armed forces almost exclusive control of the fight against the cartels and has proposed placing the National Guard under army command.
López Obrador has refused to consider government loans or grants to the hotels, most of which had windows or walls blown out. Many were reduced to their skeletal concrete or steel frames.
Instead, he said the government would pay half the interest on reconstruction loans from private banks. But with no cash flow, many hotel owners doubt they can qualify for big private bank loans.
López Obrador has also refused to earmark specific funds in the 2024 budget for reconstruction efforts, a move that has led to demonstrations by a protest caravan of Acapulco residents who drove to Mexico City this week.
Evodio Velázquez, an opposition party member and former mayor of Acapulco, said the demonstrators were demanding a rebuilding program roughly four times the size of the $3.4 billion plan the president announced last week.
“We want dignified treatment for Acapulco in the federal budget,” Velázquez said Monday.
The protesters camped out Tuesday in tents outside Mexico City’s National Palace, where López Obrador lives and works.
Much of the $3.4 billion aid program will go to making payments of $2,000-$3,000 per damaged home, setting up temporary job programs and providing free electricity for residents for several months. The government is also handing out 250,000 appliances like refrigerators and fans and providing weekly food packages for each family.
Some stores in Acapulco began tentatively re-opening this week, but they reportedly stocked only basic goods and let in only 20 customers at a time.
The federal civil defense agency tallied 220,000 homes that were damaged by the hurricane, which ripped the tin roofs off thousands of homes.
veryGood! (9214)
Related
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- A rocket launcher shell accidentally explodes at a home in southern Pakistan and 8 people are dead
- In a win for Black voters in redistricting case, Alabama to get new congressional lines
- Murdaugh Murders: See Bill Pullman Transform Into Alex Murdaugh in Lifetime's Sinister Movie
- Drones warned New York City residents about storm flooding. The Spanish translation was no bueno
- John Legend, 'The Voice' 4-chair 'king,' beats Niall Horan in winning over Mara Justine with duet
- Remember When George and Amal Clooney's Star-Studded, $4.6 Million Wedding Took Over Venice?
- North Carolina lottery exceeds $1 billion in annual net earnings for the state for first time
- Intel's stock did something it hasn't done since 2022
- Jennifer Aniston's Guide to a Healthy Lifestyle Includes This Challenging Yet Important Step
Ranking
- Jury finds man guilty of sending 17-year-old son to rob and kill rapper PnB Rock
- Bronny James' Coach Shares Update After He Misses First USC Practice Since Cardiac Arrest
- Liberty's Breanna Stewart edges Sun's Alyssa Thomas to win 2nd WNBA MVP award
- House advances GOP-backed spending bills, but threat of government shutdown remains
- Breaking debut in Olympics raises question: Are breakers artists or athletes?
- What happens when your secret fiancee becomes your boss? Find out in 'Fair Play'
- Armed man arrested outside Virginia church had threatened attack, police say
- As mental health worsens among Afghanistan’s women, the UN is asked to declare ‘gender apartheid’
Recommendation
Bet365 ordered to refund $519K to customers who it paid less than they were entitled on sports bets
DEA has seized over 55 million fentanyl pills in 2023 so far, Garland says
Lebanese military court sentences an Islamic State group official to 160 years in prison
How to see the harvest supermoon
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
U.N. says pilot integration program for refugees in Mexico could ease U.S. border crossings
Wael Hana, co-defendant in Robert Menendez case, arrested at JFK
One Real Housewives of Orange County Star Hints at Quitting in Dramatic Season 17 Reunion Trailer