Murcia, May 15, 2012.

COFIDES Chairman Salvador Marín and José Ballesta, Councillor for Universities, Enterprises and Research of the Region of Murcia, in his role of President of the Institute of Development, have signed today a Collaboration Agreement to foster the international expand of Murcia.

According to COFIDES Chairman Salvador Marín statement “a good portion of the support actions to the outer expand of Murcia’s enterprises, promoted by the INFO, are complementary to the financial activity performed by COFIDES”, thereby “both entities have agreed to actively collaborate in the exchange of information between both companies of services offered by each entity”. He further stated that "COFIDES is readily available to provide capital to small- and medium-sized enterprises in their foreign business activity”.

Through this agreement, both COFIDES and INFO have agreed to have a tight collaboration action in the spreading among Murcia’s enterprises of existing support programs for their international expand. “Thus —Salvador Marín oulined— we intend to create among businessmen a renewed culture which is sensitive to implementation outdoors, strategic alliances and international business cooperation. In this way, “COFIDES commits, as part of its investment activitiy plan to regional companies, to widely divulge among Murcian enterprises within its action scope the support possibilities in the promotion and economic thrust that INFO may be able to offer to these enterprises for their international expand projects.”, added Marín.