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US-Mexico Chamber Of Commerce: US Not Building Enough In Mexico



By Riva Froymovich, Of DOW JONES NEWSWIRES

NEW YORK -(Dow Jones)- The U.S. hasn't explored construction in Mexico enough, said Eduardo Ramos-Gomez, president of the U.S.-Mexico Chamber of Commerce northeast chapter.

"The U.S. has taken our vicinity for granted...building in Europe, the Middle East and Asia," said Ramos-Gomez at a conference in New York, and hasn't thought about its neighbor to the south.

"I think we need to build a consensus and make a concerted effort to create that infrastructure that is going to allow us to compete," Ramos-Gomez told a gathering of top officials of different infrastructure agencies in the Mexican government.

"Infrastructure on both sides of this border [between the U.S. and Mexico] is not the infrastructure for a region that is prepared for the 21st century," he said.

Alonso Garcia Tames, chief executive of Mexico's Infrastructure and Public Services Development Bank, added that: "Infrastructure development not only creates jobs, but improves the standard of living of Mexicans."

-By Riva Froymovich, Dow Jones Newswires; 212-416-2217; riva.froymovich@ dowjones.com


  (END) Dow Jones Newswires
  11-19-090921ET
  Copyright (c) 2009 Dow Jones & Company, Inc.

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