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Thursday, 11/12/2020 9:42:43 PM

Thursday, November 12, 2020 9:42:43 PM

Post# of 41466
The Secretary of Finance and Public Credit, Arturo Herrera Gutiérrez, said this afternoon that the second round of investments in infrastructure by the private sector will focus on the energy sector, adding that it will be released in two or three weeks.

The official also announced that he is scheduled to meet with President Andrés Manuel López Obrador on the afternoon of this day to discuss the investment round that, he considered, will help boost the country's weakened economy.

"We hope that the next package will have a little more energy," Herrera said at a conference organized by the Americas Society / Council of the Americas, as quoted by Reuters.

In his participation, he considered that construction and investments will be the engines for the reactivation of the economy, after the impact of the pandemic caused by COVID-19.

He added that it is expected that for this reason, the fall in the economy this year will be 8% "with a rebound of 46% by 2021."

Last October 5, the government of Mexico presented an infrastructure investment plan of almost 14 billion dollars, mostly with private financing, which ranged from a concession to reactivate a planned rail link between Mexico City and the central city of Querétaro to investments in the state oil company Petróleos Mexicanos (Pemex).

"The first (investment) announcements we made were mainly focused on roads, although there were four investments in the energy refining sector," Herrera said of the 39 projects presented on that date.


https://www.energiaadebate.com/petroleo/habra-mas-energia-en-proyectos-de-inversion-privada-a-herrera/


Not sold this is what we are waiting on but good to have on the horizon for a potential announcement date!