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Panama Canal Locks in Funds

Nov 14, 2008

The IFC has approved a $300m 20-year loan to the Panama Canal Authority’s (PCA) expansion project. The PCA said in October that it would borrow $2.3bn from 5 multilaterals, clinching the funds as other infrastructure projects in the region see delays. “Multilaterals are very liquid, and they can play a role in making...

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

Carlos Ramírez, Mexico’s pension regulator, Consar


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