Mexico says Temasek interested in financials, ports

November 14, 2009
Singapore Democrats

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Patrick Markey

Mexico said on Saturday President Felipe Calderon held talks with Singapore wealth fund Temasek over possible investments in the financial sector and ports in the Latin American country.

“The chairman of Temasek expressed the interest of his group in investing in Mexico, in diverse projects such as the financial sector and ports,” the government said in a statement.

Calderon was in Singapore for an meeting of Asia Pacific leaders.

The Singapore state investor has said it sees potential in Latin America and is comfortable with financial services as its core portfolio. It recently set up offices in Mexico and Brazil.