CEMEX mobilizes public and private resources to pave streets in Mexico

CEMEX, a multinational cement company based in Mexico, has devised a plan to mobilise both public and private resources to pave streets in low-income neighbourhoods.

Under the plan, called Mejora tu Calle, city residents will receive individual microloans and then pool the resources to finance half the cost of street pavement for their neighborhood. Municipalities will contribute the other half of the cost.

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Categorisations

Partnership types

Doing business with the poor

Regions / countries / territories

Americas: Mexico

Global issues

Financial accessibility and management; Shelter, housing, land management and...show all (2)

Business sectors

Manufacturing