CABEI and Mexico promote business opportunities

23/05/2017

CABEI analyzes actions to boost investment and cooperation between Mexico and the region.

Tegucigalpa, May 23, 2017. -In order to initiate a first approach to analyze business opportunities, a delegation of the Central American Bank for Economic Integration  (CABEI) carried out a work tour in Mexico City.

The delegation was composed of CABEI Executive Vice President, Attorney Alejandro Rodríguez Zamora; CABEI Director for Mexico, Omar A. Martínez; CABEI Sector and Country Manager, Horacio Leiva; CABEI Executive Assistant to the Mexican Country Office, Leticia Castillo; and CABEI Corporate Finance Executive, Adrián González.

The work schedule began with a meeting with representatives from the Mexican Ministry of Finance and Public Credit. Subsequently, a meeting was held with representatives of Banco Nacional de Comercio Exterior to discuss various issues involving possible financing opportunities in conjunction with Mexican development banks, as well as the management of CABEI's participation in private sector financing, co-financing and Public-Private Partnership (PPP) mechanisms.

The CABEI delegation also met with representatives of the Federal Electricity Commission (CFE), which is an institution created with the initial purpose of organizing and directing a national system of generation, transmission and distribution of electric energy. It should be noted that last year, CABEI approved a syndicated loan to the CFE amounting to US$150 million. The loan will strengthen the energy infrastructure of the United Mexican States by promoting the commercial operation of power generation plants in order to provide a new installed capacity to the system.

In addition, the CABEI delegation met with representatives from Petróleos Mexicanos (PEMEX) to identify business opportunities in the sector. Subsequently, it met with executives from Banco Nacional de Obras y Servicio Público to make an institutional presentation and hold discussions on possible financing opportunities in Mexico, through the country’s development banks, and CABEI’s participation in the private sector, co-financing and PPP mechanisms.

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