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ECONOMIC DEVELOPMENT

Consistent with the conviction that social issues should be confronted through strategies focused on resolving problems and providing solutions and the necessary resources, the Economic Development programs of the Carlos Slim Foundation encourage activities that generate employment and opportunities that strengthen the social fabric, actively including individuals and communities in the processes of development.

Mexico City’s Historic Center Foundation implements programs to improve the quality of life of its inhabitants. Currently, work is being done in two strategic areas: the Mexico City’s Historic Center and the Las Pensiles neighborhoods in the Miguel Hidalgo district.*

Results

12’239,175 people benefited

1,111 renovation and restoration projects of buildings and plazas in the Historic Center.

Renovation of Plaza Garibaldi, Plaza Tlaxcoaque, Moneda-Santísima Corridor, restoration of the Monument of the Revolution, among others.

Since 2005, the number of inhabited homes has increased by more than 25%.

23,900 merchants have been relocated.

More than 250,000 m² of streets and sidewalks were renovated.

BICENTENNIAL GARDEN

The Bicentennial Garden is an extraordinary and unprecedented ecological rescue project, which was built on what used to be the Bordo de Xochiaca landfill, where thousands of tons of trash used to lie. CO  emissions were reduced by 93,000 tons per year.  Nearly 400 acres were developed to include a shopping mall, government offices, supermarkets, restaurants, a sports center, two universities, a hospital, and a Center for Children’s Rehabilitation (CRIT).*

Results

Nearly 400 acres rescued and developed for varied use.

150 acres with 41 sports fields/courts and recreational areas.

A partnership was established between the Carlos Slim Foundation, the Bill & Melinda Gates Foundation, and the CIMMyT (International Maize and Wheat Improvement Center) in Texcoco, Mexico, to encourage research projects that improve the global production performance of maize and wheat. Today the CIMMyT is the biggest supplier of varieties of maize and wheat and provides improved seeds to growers in a hundred countries for free.

Results

The development of cutting-edge facilities for the CIMMyT biosciences complex in Texcoco, Mexico, which has in turn benefited thousands of producers in Mexico and around the world.

Grameen Carso is a company created from a social perspective and devoted to extending microcredits in marginalized areas. Its goal is to improve the living conditions for low income people through microlending to encourage productive activities. Grameen Carso works in the states of Chiapas, Oaxaca, Puebla and Zacatecas with 25 branch offices overall.*

Results

325,198 loans granted

PLAZA MARIANA

The Carlos Slim Foundation donated this plaza to the Catholic Church, which is located next to the Basilica of Guadalupe in Mexico City, one of the most important religious centers in the world, contributing to the economic and social revitalization of this landmark.

Results

68,000 square meters to be used for the benefit of pilgrims of Mexico and the world.

This fund supports the restoration of the Mexico City’s Historic Center through a comprehensive program for the preservation of historic buildings, the encouragement of sustainable tourism and the education of its visitors.