Mexico to invest $48 billion in infrastructure in 2010

Written by thomas · Filed Under Commercial 

February 8, 2010

Mexico’s president, Felipe Calderon, announced that the government plans to invest $48 billion in infrastructure this year, stating: “Investing in infrastructure is the key to elevating our competitive economy and improve the quality of life for our people.” He also stated that National Infrastructure Program, implemented by his administration, has increased over the past three years from 3% to 5% of the GDP.

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