Financing Mechanisms to Sub national Entities through Capital Markets
The present KCP seeks to support the implementation of the first vehicle under a Mexican company (Sociedad Anónima de Capital Variable Sociedad Financiera de Objeto Multiple Non-Regulated Entity SOFOM) through which the bank¿s private window can develop actions that promote the identification and implementation of sub national projects with a high socioeconomic impact and with financial, technical and environmental viability. This request is consistent with the National Infrastructure Program (PNI) announced by the Government of Mexico (GDM) for the period 2007-2010, which includes more than 100 projects with a potential cost of US$240 billion; The GDM expects that near US$50 billion would be financed through private initiatives.

Project Detail

Country

Mexico

Project Number

ME-T1181

Approval Date

November 30, 2011

Project Status

Closed

Project Type

Technical Cooperation

Sector

FINANCIAL MARKETS

Subsector

CAPITAL MARKET DEVELOPMENT

Lending Instrument

BID Invest

Lending Instrument Code

IIC

Modality

-

Facility Type

-

Environmental Classification

Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 618,300.00

Country Counterpart Financing

USD 357,600.00

Original Amount Approved

USD 260,700.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/FI-13048-ME Non-Sovereign Guaranteed USD - United States Dollar Institutional Capacity Strengthening The Nonreimbursable
Operation Number ATN/FI-13048-ME
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Institutional Capacity Strengthening The
  • Financial Instrument: Nonreimbursable