Mexico will Spare no Effort to Overcome Challenges: President Calderón Presidencia de la República go to original June 10, 2009
| Federal Government to invest in infrastructure despite recession, Calderón says. | | Tolcayuca, Hgo - President Felipe Calderón declared that since the worst of Mexico's recession will soon be over, Federal Government will continue to promote infrastructure works that will create jobs, well-being and competitiveness for the country.
“However serious the challenges facing Mexico are, we will spare no effort until we can overcome them," he said.
During a supervision visit to work on Mexico City's North Flyover, the President said that although 2009 is a year of stagnation and recession, his administration will invest $50 billion pesos in infrastructure, specifically in the highway sector and assign $1.5 billion pesos to Hidalgo to boost its transport connections.
“I am convinced that infrastructure is crucial to achieving a more competitive Mexico, with better transport connections, and a more prosperous, stronger Mexico," he added.
Accompanied by Governors of Hidalgo, Miguel Ángel Osorio Chong; the state of Mexico, Enrique Peña Nieto; Puebla, Mario Marín Torres, and Tlaxcala, Héctor Ortiz Ortiz, and Secretary of Communications and Transport, Juan Francisco Molinar Horcasitas, President Calderón repeated his commitment to protecting Mexican families' jobs and income.
He reported that the work, also known as the Northern Arch, links the states of Querétaro, Hidalgo, Mexico, Tlaxcala and Puebla and is 223 km long, 123.8 km of which are already operating.
The Mexican president said that his project, which forms part of the Trunk Road of the High Plateau, involved an investment of over 6.2 billion pesos, $3.2 billion of which were provided by Federal Government, which channeled it through the National Infrastructure Program.
“I know that working hard and together, as people are doing, will ensure that this great work, Mexico City's North Arch, which links various states, will help Mexico pull through," he explained. |