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Mexico could help Central American economy

Monday, November 3, 2014

Mexico and its main construction companies could help carry out a plan to spur economic growth and jobs in Central America to stem illegal immigration to the United States, said Sergio Alcocer, the Mexican deputy foreign minister responsible for North America.

Struggling to stop a record flood of child migrants to the United States earlier this year, Guatemala, Honduras and El Salvador have drawn up a plan to improve energy supply and infrastructure in the impoverished and violent region.

Presented to U.S. and Mexican officials in New York in September, the proposal foresees spending billions of dollars on roads, ports, power networks and airports in the region between 2015 and 2019 to improve their economies.

Source: Reuters