This is true, considering the amount o agricultural and mineral commodities in the country, says logistics and transport expert.
The program seeks to improve access to homes for middle-income families and entails four different sub-programs. Private sector participation is expected to reduce the cost for the state.
Offers for the US$98mn initiative to renovate the Retiro train station and yard at Buenos Aires will now be unveiled on May 18.
Total private sector investment in road projects this year is expected to reach US$2.5bn, with US$1.9bn going to 4G highways, according to the head of infrastructure agency ANI, Luis Andrade.
It was announced that French development agency AFD approved a US$114mn loan to finance the project, which entails the construction of a two-line cable car system with a total length of 8.1km.
The national airport authority's capital stock will be increased by the incorporation of credit not yet capitalized, transferred by the federal government in 2015.
The Peruvian company's Q1 profit dipped as the country's worst flooding in 50 years reduced cement demand.
The first zones will be established in the southern states of Chiapas, Veracruz, Oaxaca and Yucatán, and the Pacific state of Michoacán, which are some of Mexico's less economically-developed states.
However, must be done with a clear definition of concessionaires' obligations and right of way regulations, says Edson Campagnolo, president of the Paraná state industrial federation.
After numerous delays, the public works ministry expects the project to be in the tender phase by the time the new government takes over in March 2018.