The Caisse de depot (CDPQ) and a group of Mexican institutional investors said recently they plan to invest up to U$2.1 billion over the next five years through their new co-investment platform called CKD Infraestructura Mexico SA, the companies said in a statement. The company sees large investment opportunities in Mexico because the government plans to spend about $600 billion on infrastructure investments over four years, targeting mainly energy and transportation projects.
CDPQ says it will invest $1.43 billion on infrastructure projects in Mexico after partnering with a consortium that manages 62 per cent of the country’s pension fund assets. This investment will form an integral part of the firm’s goal to double infrastructure investments by 2018.
Caisse is Canada’s second-largest pension fund manager with $241 billion approx in assets.Older postNewer post