Mexico Finance Chief Readies Infrastructure Plan to Jump-Start Economy

  • Finance Minister Rogelio Ramirez de la O speaks in interview
  • Country also lobbying U.S. companies to pick Mexico over China
Rogelio Ramirez De la OPhotographer: Luis Barron/Eyepix Group/Barcroft Media/Getty Images
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Mexico is preparing a multibillion-dollar infrastructure package with private companies and doubling efforts to attract U.S. investment that would otherwise go to China as it seeks to restart a stagnant economy.

The public-private investment package will include over 40 projects in areas like highways, energy ventures, telecommunications and ports, Finance Minister Rogelio Ramirez de la O said in an interview at the National Palace in Mexico City. The official announcement will come soon, he said, declining to provide details until the package is unveiled.