MEDELLÍN, Colombia – Capping the 50th Annual Meeting of its Board of Governors, the Inter-American Development Bank will host on Tuesday, March 31 a public dialogue on the prospects for private sector investment in Latin America and the Caribbean.
The event, to be held from 10:00 a.m. to 1:00 p.m. at Medellín’s Plaza Mayor Convention Center, will feature presentations by President Álvaro Uribe Velez of Colombia and Finance Minister Óscar Iván Zuluaga; IDB President Luis Alberto Moreno; and Enrique García, president of Corporación Andina de Fomento.
Private sector representatives will include such business executives as Emilio Azcárraga Jean of Televisa, José María Álvarez-Pallete of Telefónica, Gary Drummond of Drummond Ltd., Germán Efromovich of Avianca and Felipe Montoro Jens of Odebrecht.
Speakers will focus on the challenges and opportunities that the global financial crisis presents for governments and businesses in Latin America and the Caribbean, the region’s needs for long-term investment to increase its competitiveness, and strategies and public-private partnerships that could attract more capital to key sectors.
The IDB is the leading source of long-term financing for economic, social, and institutional development projects in Latin America and the Caribbean. The annual meeting of its Board of Governors, to be held from 27 to 30 March in Medellín, will be attended by high-level authorities from its 48 member countries and more than 5,000 guests and participants.