Article: Mexico : Banks financing 70% of infrastructure projects.

Byline: pinto03

Some 70% of financing for infrastructure projects in Mexico comes from the banking sector, paper La Jornada reported banking association ABM's president Ignacio Deschamps as saying.

Of the 164bn pesos (US$12.3bn) required to fund infrastructure projects during 2009, banks will have provided 115bn pesos, Deschamps said at a meeting with manufacturing industry chamber Canacintra.

The figure includes infrastructure ...

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