Banobras leaves room to double infrastructure financing

Banobras leaves room to double infrastructure financing

Economy & Policy Funds Mexico Capital Markets Asset Management Project & Infrastructure Finance Energy

Mexican development bank Banobras could double financing for infrastructure projects to up to MXN200 billion ($10 billion) this year if the government's spending plans require more funding, CEO Jorge Mendoza told LatinFinance on Tuesday. As it stands now, the state-run lender is lining up MXN100 billion in financing for infrastructure projects in 2022, including MXN50 billion for a third infrastructure package that the government is expected to announce soon, Mendoza said. "If there are projects

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