Canada to invest $5 billion to build gas pipeline in Tabasco – Evening News

The head of the Secretariat for Economic Development and Competitiveness, Federico García Mallitz, indicated that 25 executive meetings were held between the government of Tabasco and Canada, where an investment of 5 billion dollars was made for the construction in order to supply gas.

García Mallitz pointed out that this is the project for the construction of an underwater gas pipeline that departs from the company’s facilities TC Energy in Brownsville, TX – Tuxpan, Veracruz.

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This gas pipeline will extend to Coatzacoalcos, Veracruz and the Dos Bocas region in Paraíso, which will supply gas to Tabasco and two other plants on the Yucatan Peninsula.

This was announced this Tuesday at a press conference by the head of the Secretariat for Economic Development and Competitiveness, Federico García Mallitz.

He indicated that the works could start in November and should be completed within six months, for which he stressed that this project will also generate jobs at the local level.

He mentioned that this will allow Tabasco to position itself in logistics, but it will also allow it to have gas to attract more industries to the region.

In this way, infrastructure is generated to attract investment into the entity.

“It’s about $5 billion, $5 trillion, it’s an achievement that no government has had, it’s historic,” he insisted.

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In addition, the official presented a report on the achievements of the Tabasco-Canada mission, led by Governor Carlos Manuel Merino Campos, during the mission that took place from September 19 to 23 in the North American country.

note published in The Herald of Tabasco

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