IDB's Multilateral Investment Fund supports CoreCo Central America I L.P. Fund

Tuesday, December 21, 2010 - 03:00
The Multilateral Investment Fund (MIF) the Inter-American Development Bank's private-sector arm that promotes opportunity for small and microenterprises, has committed up to $5.5 million to the fund CoreCo Central America I L.P. (“CoreCo”), which will invest in small and medium-sized businesses (SMEs) in Central America. 

IDB launches LEED Financing Facility for the construction of green hotels in Central America, Mexico and the Caribbean

Tuesday, December 14, 2010 - 03:00
The Inter-American Development Bank (IDB) approved a master financing facility of up to $42 million in long-term IDB loans to finance up to eight Marriott-hotels to be developed by Caribe Hospitality S.A. in Costa Rica, Nicaragua, Guatemala, Panama, Jamaica, Trinidad and Tobago, and Mexico that will meet world-class environmental and sustainability standards.

Regional electrical integration advances in Central America

Thursday, August 26, 2010 - 03:00
SAN JOSE, Costa Rica – Senior officials in the Central America’s electricity sector yesterday proposed concrete plans and agreements that will permit the comprehensive operation of a Regional Electrical Market (MER) before the end of 2011.

Scholars stress great integration potential between India and Latin America

Tuesday, July 27, 2010 - 03:00
The Inter-American Development Bank (IDB) unveiled today a new study calling for India and Latin America to foster closer economic ties in order to tap into  “massive” trade and investment opportunities between these two distant partners.

IDB to invest $1.8 billion annually in integration projects for Central America, South America and the Caribbean

Tuesday, July 20, 2010 - 03:00
SAN SALVADOR, El Salvador – The president of the Inter-American Development Bank (IDB), Luis Alberto Moreno, announced today that under the framework of the Bank’s capital increase, it will allocate about $1.8 billion annually to integration projects for Central America, South America and the Caribbean. Moreno made the announcement at the Special Summit of Heads of State and Governments of member countries of the Central American Economic Integration System (SICA, for its initials in Spanish), held today in the Salvadorian capital.

Statement of the President of the IDB on the impact of Agatha in Central America

Tuesday, June 1, 2010 - 03:00
On the destruction caused by tropical storm Agatha in Central America, the President of the IDB, Luis Alberto Moreno issued the following statement:

IDB Board of Governors receives General Capital Increase document for formal vote

Friday, May 21, 2010 - 03:00
The Board of Governors of the Inter-American Development Bank, which oversees the Bank’s operations in representation of the 48 member countries, on Friday received a Report that sets up a formal vote for the Bank’s Ninth General Capital Increase.

IDB will finance eight projects aimed at improving the business environment

Wednesday, May 12, 2010 - 03:00
Eight organizations and researchers will receive financing from the Inter American Development Bank (IDB) to carry out activities and studies with the goal of improving registration procedures and management of businesses in several countries in Latin America and the Caribbean.

IDB sees turning point in remittances to Latin America and the Caribbean

Thursday, May 6, 2010 - 03:00
MEXICO CITY – Remittances to Latin America and the Caribbean are showing signs of stabilizing and could register a single-digit increase this year, following last year’s sharp drop due to the global economic crisis, Inter-American Development Bank President Luis Alberto Moreno said today.  

The Central American Customs Union: Recent progress and challenges

Tuesday, March 9, 2010 - 03:00
The Inter-American Development Bank, together with the Regional Office for Capacity Building of the World Customs Organization in Latin America (ROCB-WCO) and the Technical Assistance Center for Central America, Panama, and the Dominican Republic (CAPTAC-DR) of the International Monetary Fund, organized a technical seminar in early March to evaluate the progress made and discuss the challenges they face to build the Central American Customs Union (CACU).