KCS will invest US$125 million in Mexico
Monterrey, Mexico.- The railroad Kansas City Southern will invest US$125 million in railways infrastructure and maintenance this year, Jose Zozaya, President, informed.
Interviewed during a visit to Monterrey, Mr. Zozaya said that in the soon to be 15 years the company has been in Mexico, they have invested close to US$3 billion.
“We are an example on how business can be done in Mexico, and well done. We initially invested US$1.4 billion and we have reached around US$3 billion, with very positive results”, he said.
He further said that the investment planned for this year is already being made in their railways, including those at Nuevo Leon and 15 other states where this US-based company operates.
Source: El Financiero | Date: 28/05/2012