A $350 million loan will support Mexico’s Programa Habitat. The programme improves basic infrastructure, urban facilities and public services in poor neighbourhoods at the same time as it expands residents’ access to social services.
A $50.4 million loan will help finance a programme that will improve job training and technical and vocational education. The overall goal is to help workers and graduates develop skills that will allow them to find employment and remain active in the labour market.

The IDB loan will support the first phase of a six-year programme with a total cost of $204 million. The programme, which will be executed by Mexico’s Department of Public Education, is expected to boost worker productivity and the employment prospects of young graduates of the technical education system.

One component of the programme will support the development of occupational skills standards for key sectors of the Mexican economy, including the auto industry, electronics, chemicals, construction, textiles and apparel, leather and footwear, aircrafts, software, tourism, agriculture, and retailing.