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World's Richest Man Invests in Mexican Ports
Leonel Godoy Rangel, the
Governor of the state of Michoacán, sat down with Carlos Slim, the
richest man in the world, to discuss infrastructure investments. Slim,
who has been credited with much of the re-development of the colonial
center of Mexico city, and who has made a fortune in Mexico's
monopolistic telecommunications sector is now looking for another value
investment with great potential.
Estimates for the investment by
the Department of Public Works and Communications ranged from US$ 1.5
Billion to US$ 2 Billion. The state presented 2 different projects to
the Grupo Carso, owned by Carlos Slim. One dealing with the State's
plan for highways, and the other for its airport. Also on the table are
plans to expand the Port of Lázaro Cárdenas.
Mexico's Minister
of Public works and communications stated that there were several
projects that Slim might be interested in, including an international
airport for the Port of Lazaro Cardenas, and several highways
connecting Lazaro Cardenas with the rest of the country.
Source: Cambio de Michoacán, 4/5/08
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