MEXICO CITY The
Mexican government expects to invest about $311 billion in
public and private infrastructure projects over the next six
years, president Enrique Peña Nieto said July 15 at the
launch of the 2013-18 National Infrastructure Program.
Of this, $102 billion
will be invested in transportation and communications
infrastructure. The program also includes investments in
Mexicos energy and oil industry and water companies,
Peña Nieto said.
Investments could be
even bigger if fiscal reforms are approved in the country, he
said, noting that bills will be sent to the countrys
congress in September.
Infrastructure Program includes construction of 15 highways, 29
roads, seven bridges, three passenger train projects and six
public transportation systems, as well as construction of four
freight train sections, seven airports and seven ports, which
will help enhance logistics for the countrys
government, however, has not committed to building a new
airport for the countrys capital, Mexico City, explaining
that it would continue to analyze available options.
Banks in Mexico
recently urged the government to launch the program, which had
been delayed by several months, so investors could have
"greater clarity on government projects."
A version of this
article was first published in AMM sister publication Steel