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New Toll Road To Benefit Mazatlan Real Estate

12 September, 2012

The Mexican government approved a deal for the new 4 billion peso ($306
million) Pacifico Norte toll road
concession this week.

IDEAL,a company controlled by billionaire Carlos
Slim,will build,operate and maintain 150 miles (242 km) of the new highway
network in northern Mexico,connecting the cities of Culiacan and

The improved infrastructure will reduce journey times and make
traveling to Mazatlan more comfortable,to the benefit of the Mazatlan real
estate market.

Slim,the world’s third-richest man according to Forbes
magazine,has invested heavily in infrastructure projects and has encouraged
Mexico’s government to invest more in transport projects to create

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