Southeast should be a priority in the Federation’s spending budget: Fonadin

Project Federation budget expenditures (POV) By 2023, the southeast region should be considered as a priority, assured Carlos Mier y Teran, Deputy General Director for Investment Banking Services National Infrastructure Fund (Fonadin).

In addition, it should accelerate investments that are in progress in Mexico, such as the inter-oceanic isthmus corridor. Tehuantepec and mayan train.

Finance Secretary You have until September 8 to submit an economic package for next year.

Mier-i-Teran said that despite the constraints faced by the budget due to public debt or fiscal obligations, the southeast is a priority, so public and private investment schemes should be developed to stimulate growth.

During his participation in the 13th National Infrastructure Forum of the Mexican Institute of Financial Executives (IMEF), he said that attention should be paid to the southeastern region of the country.

“Our region has lagged significantly over the past 20-40 years, while the center and north have grown by more than 40 percent in their gross domestic product. The southeastern region was left without growth, ”the official noted.

Mier-i-Teran noted that there are differences as in the rail network in the north and center of the country, two equity-based companies, Kansas City Southern and Ferromex, are improving and expanding their performance and already serve 26 percent of the national freight, at southeast, the concession was abandoned.

Fonadin CEO assured that in order to continue the economic development of the South East, they will seek to connect the isthmus corridor with the Maya train, connecting Coatzacoalcos with Palenque and, in turn, also connecting routes with Chiapas. which already existed and are now being restored.

Source: Heraldo De Mexico

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