MOSCOW (MRC) -- The incoming Mexican government said on Monday that a weekend public consultation vote had approved 10 major policy proposals ranging from a new rail line connecting states in eastern Mexico and a new oil refinery in the Gulf of Mexico, reported Reuters.
Public referendums could be a mainstay of President-elect Andres Manuel Lopez Obrador administration’s six-year term after he takes office on Dec. 1 as he seeks a more participative democracy.
His incoming administration’s first consultation last month called for canceling the construction of a partially built USD13 billion airport for Mexico City, a referendum Lopez Obrador had vowed to hold during the campaign.
Lopez Obrador used the results of that consultation to halt the airport project, leaving the peso currency and stock market reeling as investors fretted over how he would manage the economy.
As MRC informed before, Mexico’s next government plans to build what could be the country’s largest oil refinery, with construction set to begin as soon as next year, said president-elect Andres Manuel Lopez Obrador in September 2018. The winner of July’s presidential election is seeking to end Mexico’s massive fuel imports, nearly all of which come from the United States, while boosting domestic refining during the first half of his six-year term.
MRC