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Inter-American Development Bank official to address International Commerce Day conference in Memphis, Tennessee, October 19 .

An official of the Inter-American Development Bank will describe business opportunities for Tennessee companies generated by the Bank's multibillion lending program in a presentation on Oct. 19 in Memphis, Tennessee, in conjunction with the activities of International Commerce Day.

Arcindo dos Santos, an IDB expert on development projects and partnerships with the private sector, will deliver a presentation from 8:30 a.m. to 10:15 a.m. that will include an overview of Bank lending and other activities, sources of information, description of the project cycle and basic bidding procedures, as well as practical tips on how to better compete for contracts and other opportunities generated by IDB financing.

Dos Santos presentation will take place in the Forest Room of the Peabody Hotel, site of International Commerce Day activities, which will bring together consuls general from Latin America and other distinguished guests to discuss opportunities in the Americas for the Tennessee business community. The theme of the event is "Rediscovering the Americas."

Last year the IDB, the world's oldest and largest regional development Bank, loaned $10 billion for the development of Latin America and the Caribbean, financing activities in such areas as reform of the state, education and health, environmental protection, sanitation, agriculture and technology, energy, transportation, and private sector development.

The IDB lending program generates approximately 6,000 contracts annually to provide goods and services needed to carry out the development projects.

Dos Santos, who has a Ph. D. in mechanical and environmental engineering from the University of California in Santa Barbara, is a specialist both in economic development and environmental protection.

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