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SourceMex PDF file 1997 right arrow Apr

Mexico Plans Latest Stage of Petrochemical-plant Privatization for August

ISSN:1054-8890
LADB Article ID: 55243
Category/Department: Mexico
Date: 1997-04-23
By: LADB Staff

In mid-April, the Energy Secretariat (SE) announced plans to postpone the opening of private investments in Mexico's petrochemical facilities until August. The decision may have some political implications. According to the weekly business newspaper El Financiero International, President Ernesto Zedillo's administration purposely delayed consideration of the politically sensitive issue of privatization until after the July 6 elections for the Chamber of Deputies and Senate.

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