Argentina

Headlines

• Low-income households in Greater Buenos Aires will gain access to natural gas services with the help of IDB fund

  FOMIN, the Multilateral Investment Fund of the Inter-American Development Bank, will fund a project to benefit more than 7,000 low-income households in the Greater Buenos Aires Metropolitan Area, by providing them access to the city’s natural gas network.

• The IDB and Microsoft Research invest US$250,000 on five Latin American scientific research proposals

  The Latin American and Caribbean Collaborative ICT Research (LACCIR) Virtual Institute announced the five winning research proposals, presented by academic researchers from Argentina, Bolivia, Brazil, Chile, Colombia, Mexico, Panama and Uruguay, chosen to receive funds from a US$250,000 grant provided by the Inter-American Development Bank (IDB) and Microsoft Research.

• Argentina’s Loma Negra obtains $125 million in IDB-led financing

  Loma Negra, Argentina’s leading cement producer, will receive up to $125 million in medium-term financing in a transaction led by the Inter-American Development Bank to support the company’s capital expenditure program.

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