The governments of the two countries will sign an agreement to consolidate" cooperation efforts in airports, ports, railways and highways.
Number portability has been allowed in Mexico since 2008.
The contract would run from April 2019. Parties can register their interest from April 11.
The law will force internet providers to remove content deemed illegal or face fines and even suspension of service.
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The amount destined for the Caribbean nation represents two-thirds of all resources awarded by the US government for disaster recovery and mitigation efforts.
The Inter-American Development Bank and the LatAm internet association created a program that, among others, finances the development of digital tools and supports the drafting of public policies in tune with the digital commerce ecosystem.
Ride-hailing giant DiDi Chuxing is preparing to offer its services in Toluca, capital of Mexico state.