Mirage Energy Corp (MRGE)

[MoneyMike1]

I'm with Juan! Economic reactivation is urgently needed. We will know soon whether MRGE is in the mix.

In April the third infrastructure package

by Juan Manuel DeAnda
March 8, 2022

After its presentation was postponed on several occasions, the most recent at the beginning of the year, everything seems to indicate that now, yes, the third package of infrastructure projects -in which the private initiative can invest together with the Government- is ready and will be launched after on April 10, the date on which the electoral ban ends due to the consultation process on the revocation of the mandate of President Andrés Manuel López Obrador.

Although the exact details about the content are not known, it has transpired that this package could add a mixed investment of more than 70 billion pesos, destined for the construction of highways, border crossings, airports and railway works.

One of the projects that has been said will be launched will be the construction of a light rail in Jalisco that, with a length of 20 kilometers, will run from Guadalajara to the municipality of Tlajomulco de Zúñiga and whose investment is estimated at 10 billion pesos.

According to data from the Business Coordinating Council (CCE) after reviewing the two previous packages, it was found that more than 50% of the 68 projects valued at more than 520 million pesos are already underway.

The announcement of the third package was contemplated for the end of January or the beginning of February; however, it had to be postponed due to the ban that the Federal Electoral Institute (INE) imposed, before the start of the process for the revocation of the presidential mandate.

The truth is that the investment contemplated by this set of projects will fall like a glove to the federal government, today more than ever the arrival of capital for economic reactivation is urgent, after almost two years of paralysis as a result of the Covid-19 pandemic, a phenomenon that could be delayed as a result of the invasion of Ukraine by the Russian army.

https://www.24-horas.mx/2022/03/08/en-abril-el-tercer-paquete-de-infraestructura/