PPIAF Helps Mexican State Quintana Roo Raise $196 Million for Infrastructure

With PPIAF's Sub-national Technical Assistance support, the State of Quintana Roo successfully mobilized long-term debt in 2009, despite the financial crisis, by providing a well-conceived investment opportunity that met the demanding standards of lenders. The construction work made possible by this financing is helping to offset job losses in the state, which resulted from the economic downturn in tourism and exports.

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