The Universidad Autonoma de Guadalajara, A.C. is the oldest private university in Mexico. The University was founded in 1935 and has around 13,500 enrolled students in all levels of its educational system, with around 10,500 of them enrolled in UAG’s higher education programs. UAG offers K-12, bachelor and post graduate studies as well as professional degrees at its community college (UNICO). UAG founded the oldest private medical school in Mexico, the UAG School of Medicine, which is very prestigious amongst Mexican and US students and which conforms around 45% of UAG’s enrollments. About 16,000 physicians in the US have graduated from the UAG School of Medicine.

UAG also owns two hospitals, Hospital Angel Leaño and Hospital Ramon Garibay, which support the training of its School of Medicine students as well as its Programa de Medicina en la Comunidad (“PMC’). PMC provides community health education and primary medical attention to underserved segments of the population in the Guadalajara metropolitan area.

UAG is well recognized worldwide in the field of education because of its excellent academic level and active involvement in the most relevant international organizations. UAG has more than 100 cooperation agreements with universities in 18 countries, including North America, Latin America, Europe and Asia. Student and faculty exchanges are very active at UAG with close to 500 participants every year.

The total Project cost is estimated at MXN 1,285 million (approximately $110 million). The proposed IFC investment is a MXN 585 million (approximately $50 million) A Loan for IFC’s own account. The IFC A Loan will finance items (i) through (iii) of the Project.    

Update on Additional Project – UAG RSE COVID 

      IFC is supporting UAG’s CAPEX financing needs for project implementations that have been delayed due to the COVID-19 pandemic, such as investments in digital and campus infrastructures, the relaunching of an existing hospital, and some refinancing. 

IFC’s financing supports UAG in its direct and indirect response to COVID-19 and future pandemics; it will contribute to market resilience by supporting the continuing operation of a high-quality medicine school in a market where there is a shortage of doctors.

The proposed new IFC investment is an up to US$ 43mn multi-currency A Loan for IFC´s own account.                     

                       The Project is to be implemented mainly at the UAG’s main university campus, medical schools and in the Hospital Ramon Garibay as well as the hospital Angel Leano, located in Guadalajara, Jalisco.