The president of Mexico, Andres Manuel Lopez Obrador, and executives of the Business Coordinating Council finalized a multimillion dollar investment plan worth nearly 9.5 billion dollars.
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This is the second part of a larger project of about 23 billion 400 thousand dollars, mainly in infrastructure works already underway. The first $ 14 billion package was announced last month.
In his morning press conference at the National Palace, the president, businessmen and officials specified the institutional terms and details of the macro-project, which will help the economy recover quicker, including jobs lost due to coronavirus.
Sixty eight large projects for that multimillion dollar amount are 'scattered' throughout the country, said the president of the Council and its main promoter, Carlos Salazar, who assured that the plan as a whole has a very large positive impact on society and on the takeoff of the economy.
He calculated that both packages are equivalent to 2.3 percent of Mexico's Gross Domestic Product and is the highest private investment in the country's history.
The official announced that they are working on a third package, which would put private initiative in all sectors of the national economy, including energy, since large investments in liquefied gas plants and in other areas of that sector are contemplated.
It is important, Salazar said, that this connection between the private initiative and the government for the development of public works has been achieved, thus achieving in turn the way in which this business sector works to contribute jointly with the state to obtain better economic, financial and productive results. ■
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