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Mexico expects infrastructure investment from Canada

Karla Salinas | 29.06.2016

Canadian company will invest $1.8 billion in infrastructure projects.

Canadian company Caisse de Depôt et Placement du Quebec (CDPQ), in partnership with the Mexican consortium CKD, will invest $1.8 billion in infrastructure projects, informed the Ministry of Energy, Pedro Joaquin Coldwell. 

These investment plans include plants for generation of electric energy, as well as transmission and distribution grid, said the officer. 

Besides, CDPQ Corporation will sign a non-disclosure agreement with Petroleos Mexicanos (Pemex), with the possibility of starting new investment projects in association with the parastatal. 

Likewise, Hydro-Quebec, a specialized hydro-electrical firm, will participate in the tendering to build a transmission grid that will require a $1.2 billion investment.