How will investors react to Mexico’s new airport being scrapped?
How will investors react to Mexico’s new airport being scrapped?
Mexico will have a new president tomorrow, when left-wing populist Andres Manuel Lopez Obrador is sworn in. On the campaign trail, he promised to scrap the construction of a massive new airport for Mexico City, claiming the project was a waste of money and awash with corruption. But many wonder if those investors who dumped millions of dollars into the airport will be skittish about future investments in Mexico.
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