Interacciones Sees MXP9bn in Infrastructure Loans

Mexico’s Grupo Financiero Interacciones expects to finance more than MXP9bn in infrastructure projects in 2008, nearly double the amount it financed last year. The projects include public works at the federal, state and municipal levels, and owe much of their greater interest to the government’s infrastructure plan. Interacciones financed MXP4.21bn in infrastructure projects last year, including the Mexico-Toluca and Mexico-Guadalajara highway concessions, the El Cajon hydro power project, and several water treatment plants.