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Article: Tequila freeways: Mexico's transport infrastructure.
- Article from:
- The Economist (US)
- Article date:
- December 16, 1995
CopyrightCOPYRIGHT 1995 Economist Newspaper Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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THE idea that private firms should build and operate Mexico's roads and railways is hardly new. In 1906, S. Pearson & Son, a British construction firm (whose descendant owns half of The Economist), built the first railway line between the country's Pacific and Gulf coasts. Now Mexico's cash-strapped government hopes that the private sector will build the transport infrastructure that the country needs if it is to take more advantage of the North American Free-Trade Agreement linking its economy with that of the United States. Is there really money to be made in such a politically sensitive area?
Having last year invited private firms to operate its ...