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Markets Print edition: 2020-12-01

Mexico announces new $11.3 billion investment plan

Published December 1, 2020 Updated December 1, 2020 03:05am
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By AFP
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MEXICO CITY: Mexico announced Monday new investment of $11.3 billion in infrastructure projects in cooperation with the private sector to help revive the pandemic-afflicted economy. The 228-billion-peso plan is the second of its kind since October, when 297 billion pesos of investments were unveiled to boost Latin America's second-largest economy.

The latest round includes 29 infrastructure projects in the energy, transportation, water and sanitation sectors, among others. President Andres Manuel Lopez Obrador hailed the announcement as "an alliance for investment, for development, for job creation."

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