AMLO Announces $14 Billion Plan for Mexican Infrastructure
- Lopez Obrador heralds deal as sign of more cooperation ahead
- Plan follows rough government relations with business leaders
Andres Manuel Lopez Obrador
Photographer: Alejandro Cegarra/BloombergThis article is for subscribers only.
Mexican President Andres Manuel Lopez Obrador announced a 297 billion peso ($14 billion) infrastructure plan on Monday as his government tries to patch up relations with the private sector.
Backed by the heads of the Business Coordinating Council and the Mexican Business Council, two of Mexico’s largest private companies chambers, Lopez Obrador said Monday that the deal to co-operate on 39 highway, port and energy projects would pave the way for further public-private projects.