Carlos Slim Defends Mexico City Airport Against AMLO’s Threat to Kill It

April 18, 2018

Billionaire Carlos Slim came out in defense of the new Mexico City International Airport (NAICM) project yesterday in response to threats from the leading presidential candidate to abandon it if he wins office.

Mexico’s richest man, whose companies have an 8% investment interest in the new airport, told a press conference that suspending the project — as Andrés Manuel López Obrador has flagged he will do — would halt economic growth.

The International Air Transport Association (IATA) said last week that abandoning the project would lead to a US $20-billion reduction in Mexico’s gross domestic product (GDP) and the loss of 200,000 jobs.

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