Oaxaca to invest US$4.82bn in infrastructure programs

- Thursday, July 21, 2011

Oaxaca to invest US$4.82bn in infrastructure programs

Mexico's Oaxaca state government plans to invest 56bn pesos (US$4.82bn) in infrastructure programs over the next five years, Radio Fórmula reported.

State governor Gabino Cué recently presented the state's 2011-16 master development plan, which includes construction of major highways Oaxaca-Istmo and Oaxaca-Costa and the Libramiento Sur bypass.

The plan also involves water infrastructure works such as the Paso Ancho dam and a 2bn-peso project to clean up the Salado and Atoyac rivers.

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Funds for the proposed works will be provided by the state, the federal government, natural disaster fund Fonden and the transport and communications ministry (SCT).