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Mexico to Ge High Speed Rail?

The Mexican government announced plans Monday to invest about $100 billion in rail, road, telecom and port projects over the next five years, including Mexico's first high-speed rail links.

Among the projects are the modernization or building of four airports, seven seaports and about 3,350 miles (5,410 kilometers) of highways. The government will strengthen fiber optic networks and expand broadband internet access, and speed up freight train service.

"Mexico can be the great logistics platform for Latin America," Transportation Secretary Gerardo Ruiz Esparza said. "We have to create significant savings in the time and cost of transporting goods."

But in announcing the plan, President Enrique Pena Nieto emphasized the goal of reviving passenger trains in Mexico.

http://abcnews.go.com/International/wireStory/mexico-sets-100-billion-rail-ports-roads-plan-19671823#.UeaCDdinfpc

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