Mexico: US Aid to Fund Wind Farm

MEXICO CITY (AP) -- The Mexican government says a natural gas plant and a wind farm to produce electricity will be the first two projects under a U.S. development program to improve the economy of Mexico's poor south as a way to discourage migration.

Mexico's foreign ministry said Wednesday that $500 million of U.S. aid will go to the building of a wind power plant and a liquefaction plant for natural gas. Officials did not say where the projects would be.

Foreign minister Marcelo Ebrard also said the U.S. will provide $52 million for financing micro-, small- and medium-size business ventures in southern Mexico.

The U.S. government pledged in December to provide $10.6 billion in aid for southern Mexico and Central America in hopes of stimulating their economies and providing jobs.

(KA)

P[L1] D[0x0] M[300x250] OOP[F] ADUNIT[] T[]
P[] D[728x170] M[320x75] OOP[F] ADUNIT[] T[]
P[L2] D[728x90] M[320x50] OOP[F] ADUNIT[] T[]
P[R1] D[300x250] M[300x250] OOP[F] ADUNIT[] T[]
P[R2] D[300x250] M[320x50] OOP[F] ADUNIT[] T[]
DIM[1x3] LBL[article-box] SEL[] IDX[] TMPL[standalone] T[]
P[R3] D[300x250] M[0x0] OOP[F] ADUNIT[] T[]