Photo: India Inc. Group


The Mexican government and private sector on Monday, Nov. 30, signed a second agreement to work together to build new public works infrastructure projects.

The new accord will encompass 29 infrastructure projects worth a total of 228 billion pesos, Mexican Finance Secretary Arturo Herrera announced during the daily morning press conference of President Andrés Manuel López Obrador (AMLO).

Carlos Salazar, president of Mexico’s Business Coordinating Council (CCE), who represented the private sector companies, noted that these types of public works projects are especially important in reactivating the nation’s economy, which has been devastated by the covid-19 pandemic.

The government signed a similar agreement with private sector companies on Oct. 5.

Together, the two accords represent 68 infrastructure projects for an investment of 525 billion pesos.

So far, 10 of those projects, worth 43 billion pesos, have begun construction.

…Dec. 1, 2020

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