Four Billion Pesos to Be Invested in Infrastructure Projects: Enrique Pena Nieto Presidency of the Republic
go to original July 16, 2013

“Four billion pesos will be assigned for essential works for the transformation of the country,” says Peña Nieto. (Presidency of the Republic)

President Enrique Peña Nieto announced that during this administration, four billion pesos will be invested in infrastructure projects.

The figure of four billion pesos comprises the Transport and Communications Infrastructure Investment Program 2013-2018 and various “investments in other departments and agencies such as Pemex, the Federal Electricity Commission (CFE) and the National Water Commission,” explained President Peña Nieto.

He said that this figure, “Could eventually increase, pending approval of the Tax Reform included in the Pact for Mexico, which will be submitted to the Chamber of Deputies in September.”

During the presentation of the Transport and Communications Infrastructure Investment Program 2013-2018, the president explained that this is a program with a multimodal approach, adding that it seeks to improve roads, railways, ports, airports and telecommunications.

He added that, “It is a comprehensive investment program, with necessary actions that cannot be postponed to consolidate Mexico as a true emerging economic power in the 21st Century.”

Read the rest at Presidency of the Republic

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