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President commits US $600 billion to infrastructure upgrade

The government of Mexican President Enrique Peña Nieto will spend nearly 600 billion dollars over the next four years to upgrade infrastructure around the country and reinforce his commitment to making Mexico more modern and competitive.

“Infrastructure development is one of the main priorities of our public spending (policy),” he said Monday. “The infrastructure we have is insufficient for the size and importance of the Mexican economy.

“We want to write a new chapter in the history of transport in our country, with more passenger trains connecting our cities, with more world-class ships visiting our ports and more flights taking off from our renovated airports.”

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