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  HOME | Mexico

Stopping New Airport Will Suspend Mexico’s Growth, Carlos Slim Warns

MEXICO CITY – Mexican telecom tycoon Carlos Slim said on Monday that Mexico City’s new international airport, currently under construction, will be a “trigger” for future development in one of the least attractive areas of the city, and warned that halting its construction would mean suspending the growth of the country.

“In my life, I have never seen any project that could have so much economic impact and could be a trigger for areas like this,” said at a press conference the entrepreneur, whose company Grupo Carso is part of the consortium that won the contract to build a new airport terminal.

Although opposed by left-wing leader and presidential candidate Andres Manuel Lopez Obrador, who said that the construction of the new airport was “a very expensive overambitious work” and announced that he will stop it if he becomes president, Slim said that this issue should have been discussed “when it was still in process.”

He acknowledged that the airport could have been constructed at a lower cost, but insisted that “Mexico needs a project of this kind, of this dimension,” and that the cost “is little more than that of a refinery.”

The seventh richest man in the world on the Forbes World’s Billionaires list said that “the rationality of the airport project is indisputable” and its location, in Texcoco – a municipality of the neighboring State of Mexico, to the northeast of the capital – is the best possible one in the face of the saturation of the current airport.

 

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