In the News

Road maintenance and improvement program in Peru
A $150 million loan from the IDB will help Peru’s plan to expand and refurbish the primary road network, putting the country on a stronger economic footing. The project will also help improve transportation between the country’s regions. More

Venezuela to improve its electricity service with IDB funds
A $200 million loan from the IDB will help the government-run power company CORPOELEC develop its technical, socio-environmental, institutional, and administrative operations and implement a new technology platform. More

IDB launches initiative to promote mobile phone-based services
The IDB has launched a program to foster the development of mobile services for people at the base of the socio-economic pyramid in Latin America and the Caribbean, aiming to address poverty problems. More



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