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IDB to hold seminar on business opportunities that result from Bank financing of private sector projects

The Inter-American Development Bank will hold an all-day seminar on September 14 at its headquarters in Washington, D.C., to describe business opportunities that result from Bank financing of private sector projects in Latin America and the Caribbean.

Senior Bank officials will describe how projects are initiated and developed and what kind of projects are financed through three private sector branches of the IDB Group: the Private Sector Department, which provides loans and guarantees for infrastructure; the Inter-American Investment Corporation, which provides loans and investments to small- and medium-size businesses; and the Multilateral Investment Fund, which provides grants and investments for innovative projects that promote private sector growth..

Registration begins at 8:45 a.m. on the ground floor of Bank headquarters at 1300 New York Ave. N.W.

Dan Martin, chief of the Public Information Section of the IDB will open the seminar at 9:30 a.m. with an overview of Bank operations.

He will be followed by specialists who will describe in detail the IDB ordinary capital and syndicated loans (A and B loans) for private sector infrastructure projects, as well as IDB guarantees and environmental issues.

At 10:50 a.m. experts will present cases studies of financing in the areas of transportation, energy, and water and sanitation. Jacques Cook, a senior counsel with the IDB legal department, will discuss legal issues.

In the afternoon session beginning at 2 p.m., the chief economist of the Inter-American Investment Corporation, Jorge Roldán, will describe financing and risk management by the IIC. His talk will be followed by a presentation on how to structure deals with the IIC.

Kathryn Hewlett-Jobes, a senior advisor and head of communications of the Multilateral Investment Fund, will speak at 3 p.m. on the kinds of projects financed by the MIF and eligibility criteria, as well as how the projects are developed.

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