The Billionaire and the Border - Carlos Slim

Posted on: July 23rd, 2007
Filed Under: [ Hispanic News ] [ Commentary ]
Tags: , ,
Knowledge is Power!

“Considered by some to be the world’s richest man, Mexican magnate Carlos Slim is increasingly showing interest in the US-Mexico border region. Slim´s latest foray into the borderlands was at an economic development conference held in the Sonora state capital of Hermosillo this week. At an event attended by business leaders and government officials from all the US-Mexico border states, Slim suggested that the Border Governor´s Conference, which is scheduled to meet later this summer, play a leading role in pushing a new development plan for both sides of the border. Arizona Governor Janet Napolitano and Sonora Governor Eduardo Bours were among elected officials in attendance at the Hermosillo meeting.

“The important thing is to have a clear view of the future,” Slim said, “in order to focus actions with short- term, three-to-five year programs of action that define the direction.” In general terms, Slim called for mixing public and private financing to develop the border region.

The public sector can contribute educational, health and legal resources, he added.”

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