Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Mexico sets another $11.5 billion in infrastructure projects

Mexico has announced another round of 29 private and public infrastructure projects worth about $11.5 billion that will be breaking ground by the end of 2021

Via AP news wire
Monday 30 November 2020 13:34 EST

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Mexico announced another round of 29 private and public infrastructure projects Monday worth about $11.5 billion which are expected to break ground by the end of 2021.

The majority of the plans are for highways, energy and water projects. The announcement is similar to a roughly $14 billion package of 39 building works announced in October.

The plans are intended to help kickstart Mexico’s recovery from the coronavirus pandemic, as well as to fill longstanding gaps in transportation and energy infrastructure

The largest single plan announced Monday is a $2.35 billon liquified natural gas terminal to be built in Baja California by IENOVA, a subsidiary of the U.S. company Sempra Energy which expected to start in January.

The initiatives are part of a plan for projects worth as much as a quarter of the nation’s GDP by 2022 meant to create as many as 185,000 jobs.

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in