📰Banobras wants to help build a more sustainable country in 2022 – Alex Lyon Mexico

📰Banobras wants to help build a more sustainable country in 2022

Banobras wants to help build a more sustainable country in 2022

The company will reinforce its financing for social and environmental programs and infrastructure, for which it placed two sustainable bonds in the BMV.
Impossible roads
Banobras, one of the Mexican development banks with the largest participation in the financing of public works, wants to become a sustainable institution, For this reason, it has initiated paths to develop projects and works in this area.This October it announced the placement of four certificates in the Mexican Stock Exchange (BMW), of which two are sustainable bonds for 10,000 million pesos to help you achieve your goal.

At press conference, Jorge Mendoza Sanchez, CEO of Banobras, detailed that with the instruments will be financed in 2022 from existing social programs, to basic infrastructure of the state and municipalities, some water projects in Baja California, of sustainable transport, energetic, natural disaster repair, among others, although he did not specify works.

Currently, the bank has financed 63,000 million pesos in infrastructure works of the federal government, and they hope to close the year with 100,000 millions of pesos, although they do not plan to add more projects to their portfolio.

Have been destined 40,000 million pesos to the construction of the sections 1 Y 4 of the Mayan Train, 11,000 million pesos for the connectivity works of the Felipe Ángeles Airport, 4,6000 million pesos for the construction of six IMSS and ISSSTE hospitals, They also contribute to the Mexico-Toluca Interurban Train and the construction of the Oaxaca-Puerto Escondido highway..

Jorge Méndez Sánchez commented that they do not work in Dos Bocas, but they are aware that Banobras may be needed.

Fountain: Expansion Works

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