Bank of China Mexico, interested in financing infrastructure in AMLO government

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The Bank of China Mexico expressed its confidence in the new government, as well as its interest in financing some of its large infrastructure projects.

The Bank of China Mexico expressed its confidence in the new government, as well as its interest in financing some of its large infrastructure projects.

The general director of the Bank of China Mexico , Shanwen Xin , stressed that Mexico is one of the most important countries of the American continent and also worldwide, with a permanent economic growth during the last years.

In a meeting with the president of the Confederation of Industrial Chambers (Concamin) , Francisco Cervantes , said that the bank is dedicated to supporting the development of Mexican companies that have business with China and also to Chinese companies that will make investments in Mexico , for which “we will support the main local projects”.

He noted that Mexico and China have a history of many years of trade, but the bank wants to strengthen relations with Mexican companies to increase business and communication between countries.

He pointed out that the new government already has a plan for some large infrastructure projects and also some Chinese companies already lend their interest and attention to these projects, for which the Bank of China is willing to finance them.

“Our plans to see the opportunity between the cooperation of Chinese companies and also the investment in large projects,” he said, expressing the interest and intention of the bank he leads to support the development of projects in Mexico .

“As a bank, we are going to do the independent analysis of the projects, one by one, for their part of capital, performance and all this, and we will also make the decision of whether we are going to finance it,” he said.

For the time being, he said, Bank of China Mexico cannot answer what the new government project in Mexico that it could finance would be, because it first needs to do an internal analysis and evaluation.

Source: El Economista

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