September 9, 2016 |
While Mexico’s federal government has cut its budget, state development bank Banobras is looking for ways to increase the participation of commercial banks and institutional investors in financing infrastructure projects.
Abraham Zamora, named chief executive officer of Banobras in January 2015, says the country’s energy reform has piqued investor interest. The bank, which does not receive any funding from the national treasury, has been seeking ways to reduce the risks for commercial lenders and investors in infrastructure projects, he says.
The following is an edited transcript of Zamora’s recent conversation with LatinFinance.
LatinFinance: Which infrastructure sectors are getting attent
Development bank Banobras is preparing project guarantees and other mechanisms to attract investors to Mexico’s infrastructure projects