Puerto Vallarta News

Puerto Vallarta News

Mexico unveils private-backed $14 billion investment plan to lift ailing economy

Mexico’s government presented an almost $14 billion infrastructure investment plan on Monday as President Andres Manuel Lopez Obrador seeks to repair rocky relations with business leaders and lift the struggling economy.

The package, mostly privately financed, is the first clear sign of corporate bosses’ readiness to invest under Lopez Obrador since the coronavirus pandemic plunged Latin America’s no. 2 economy into its biggest slump since the Great Depression.

Ranging from a concession to revive a planned train link between Mexico City and the central city of Queretaro, to investments for state oil firm . . .

Read Full Story

Related Posts

Atlantic sargassum belt triggers early in Riviera Maya

Atlantic sargassum belt triggers early in Riviera Maya

Satellite tracking shows a huge Atlantic sargassum belt as Playa del Carmen sees an unusual...
Survey says tourists feel safe in Los Cabos this season

Survey says tourists feel safe in Los Cabos this season

Exit surveys during peak season found 9 in 10 visitors felt safe in Los Cabos,...
San Miguel de Allende seeks Food and Travel Reader Awards

San Miguel de Allende seeks Food and Travel Reader Awards

With voting ending Jan. 30, San Miguel de Allende is chasing top Food and Travel...
Vendors allege kickbacks in Cancún city permit offices

Vendors allege kickbacks in Cancún city permit offices

Small businesses in Benito Juárez say they’re asked for “mochadas” to speed up or cut...