Mexico's Aguascalientes state seeking infra financing in China

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Tuesday, October 24, 2017

Martín Orozco, governor of Mexico's Aguascalientes state, met in Shanghai Monday with representatives of state-owned commercial banks Industrial and Commercial Bank of China (ICBC) and Bank of China to present a list of infrastructure projects that require financing.

The initiatives include a suburban rail line for the state capital, a regional rail line that would connect Aguascalientes with the central Mexican states forming part of the so-called Bajío region, and a project for industrial reuse of treated wastewater, among others, according to a report by local daily El Sol del Centro.

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According to the paper, executives of both bank expressed interest in obtaining further information on the projects through their Mexico City offices.

The meeting was held as part of the governor's visit to Asia, on which he embarked with the aim of attracting investment to the state.