*Mexico’s President
Claudia Sheinbaum has presented a new spending plan which earmarks M$5.6tn (US$324.24bn) in public-private investment in infrastructure between 2026 and 2030, when her term comes to an end. In a press conference, Sheinbaum said the investments will be focused on eight
“strategic sectors”: energy, trains, roads, ports, healthcare, water, education, and airports. This year alone, the plan will dedicate an extra M$722bn to what has been budgeted for these sectors. Sheinbaum said this represented 2% of GDP. She added that the public-private investments would be carried out differently to those under previous
“neoliberal” governments, stating the Mexican State would not hand out concessions or take on financing with large interest rates. Finance Minister
Edgar Amador Zamora said that the investment would go towards more than 1,500 projects, which have been individually analysed, with just over half (54%) in the energy sector and 30% dedicated to transport (trains and roads). He said that the government will create a series of new financial vehicles in alliance with the private sector to carry out the investments.
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