CPPIB is already investing US$ 1.5 billion in Mexico

CPPIB is already investing US$ 1.5 billion in Mexico

Warning: foreach() argument must be of type array|object, bool given in /home/mexiconow/public_html/sites/mexiconow/wp-content/themes/mexiconowwpnew/single.php on line 253

MEXICO   Investing in highway infrastructure is one of the main businesses of the Canada Pension Plan Investment Board (CPPIB) in Mexico. This pension fund has demonstrated this by participating in the Arco Norte and Guadalajara-Tepic highways; however, its interest in betting on other sectors such as rail, port and airport continues in the country and in Latin America.

The fund, which manages the retirement resources of more than 20 million people in Canada, seeks to continue its investments in strategic projects in emerging markets, such as China, India, Brazil, Chile, Colombia, Peru and Mexico, so that by 2025 they represent one third of its entire portfolio, explain Alain Carrier, senior executive director and head of the International and European Office of CPPIB in Mexico, and Rodolfo Spielmann, general director of CPPIB in Latin America.

"The outlook is positive. We see that there is a predisposition to facilitate infrastructure projects and we think that investment opportunities will be offered to the funds. “stated Rodolfo Spielmann.

In addition, Alain Carrier stressed that CPPIB is one of the largest infrastructure investors in the world and their portfolio is more than US$ 22.9 billion in assets of this type and one of their largest portfolios are roads.

Source: Expansión