Mexico infrastructure: Ground rules

Mexico infrastructure: Ground rules

Mexico Bonds Loans

By Karen SchwartzInvestors are watching Mexico closely — and with good reason. President Enrique Peña Nieto in July announced a much-anticipated six-year plan to invest four trillion pesos ($300 billion) in the country’s infrastructure. The ambitious proposal offers a blueprint for developing projects in road, rail, ports, airports and telecommunications that are estimated to need some 1.3 trillion pesos in financing. The proposal envisages seven hundred billion pesos to revamp the nation’s telecommunications network in a bid to make it more competitive — measures which raise the prospect not only of greater efficiency for the sector but also of fresh investment. The communications proje

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