ME-L1051 : Promote the Development of SME Suppliers and Contractors National Oil Industry

The objective of the First Program is to help make the small and medium-sized enterprise (SME) sector within the national oil industry¿s value chain more competitive by channeling medium- and long-term financing to that segment, as well as financing for projects to reduce greenhouse gas (GHG) emissions associated with the national oil industry. The specific objectives will be to (i) support the strategy to promote the development of suppliers and contractors for the national oil industry; (ii) support the development of SME suppliers and contractors within the oil sector¿s value chains, complementing the actions of the Trust Fund to Promote the Development of National Suppliers and Contractors for the State Oil Industry; (iii) consolidate and develop the financing market for Mexican SMEs; (iv) finance private projects to increase energy efficiency and reduce GHG emissions associated with the oil industry; and (v) strengthen NAFIN's capacity to develop financing markets for SMEs and support the structuring of strategic projects.