Mexico's OMA Sets 5-Year Investment Plan

December 30, 2010

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Mexican airport operator Grupo Aeroportuario del Centro Norte said on Wednesday it plans to invest MXP2.7 billion pesos (USD$219 million) by 2015 to maintain and upgrade its 13 facilities across the country.

The company, known as OMA, said a portion of the investment will be used to improve security standards at its airports.

OMA also setting apart some money to buy more land in the city of Monterrey, in northern Mexico, to expand its airport there.

(Reuters)