Finnfund, established in 1980, is the Finnish development finance company. Its mandate includes providing long-term risk capital for private projects in emerging markets. Sustainability in economical, ecological and social aspects is key criteria in Finnfund’s investee company and partner selection process. Forestry and Energy, two distinctive components of Proteak’s integrated project, are focus sectors for Finnfund.
“We are very proud to have such an experienced, world-class Partner”, commented Hector Bonilla, President of Proteak’s Board of Directors. “The addition of Finnfund to our team validates, once more, the strength of our MDF Project and of Proteak as a reliable, trustworthy Partner”, he added.
Finnfund’s ample international experience and its adherence to strict social and environmental standards will be a valuable element in the successful development of the first high-tech MDF plant under construction in Huimanguillo, Tabasco.
Proteak’s is the largest forestry-industrial company in Mexico and Central America. With 18,000 hectares of plantations in Mexico, Costa Rica and Colombia, Proteak exports its products to over 15 destinations in North America, Europe and Asia.
