May 09, 2022
The report is based on data from an unpublished survey of 223 transportation companies and 96 industry leaders from around the globe. Latin America and the Caribbean (LAC) lags behind on digital technologies in transportation, which presents a major opportunity to boost a key economic sector, an Inter-American Development Bank (IDB) study finds.
March 21, 2022
The Inter-American Development Bank (IDB) approved a $140 million loan for the Road Infrastructure Rehabilitation and Maintenance Program in the Dominican Republic, whose main goal is to help improve the country’s regional connectivity through the delivery of safe, reliable, and accessible transportation services.
December 09, 2021
SÃO PAULO — In the challenging context of the ongoing COVID-19 pandemic, the Inter-American Development Bank (IDB) launches the 10th edition of PPP Americas, the principal forum on public-private partnerships in Latin America and the Caribbean. The event aims to help jump-start economic recovery in in the region by supporting the use of PPP approaches and fostering better planning and maintenance of infrastructure projects.
December 08, 2021
Resources approved this week will promote sustainability and inclusion policies and programs in Barbados, Brazil and the Dominican Republic, as well as economic integration among the River Plate Basin countries. More than 70% of approved resources, or $1.3 billion, were assigned to Brazil. The IDB will release its total 2021 loan and operations amounts by December 17. The Board of Directors of the Inter-American Development Bank (IDB) approved five operations this week, to
November 08, 2021
The first regional microfinance loan fund for climate change adaptation will go to rural areas of Mexico, Ecuador, Peru, and Central American countries. IDB Lab, the innovation laboratory of the Inter-American Development Bank (IDB), has participated in the creation of a pioneering fund to provide microfinance loans for climate change adaptation to small farmers in Latin America.
October 25, 2021
The innovation lab for the Inter-American Development Bank (IDB) Group, IDB Lab, announces a USD$4 million investment commitment, along with an additional technical cooperation grant of $500,000, to support innovative solutions to tackle the growing problem of plastic waste ending up in the oceans and waterways of Latin America and the Caribbean (LAC).
September 28, 2021
The Inter-American Development Bank (IDB), IDB Lab, and Beat, Latin America’s fastest growing ride-hailing app, announce today their official partnership in order to promote and facilitate access to voluntary saving mechanisms for independent workers across four countries in Latin America.
June 21, 2021
Rehabilitation of the Manzanillo Port area and road accesses will help reduce transportation costs and freight times. The Inter-American Development Bank (IDB) has approved a US$100 million loan to help the Dominican Republic improve competitiveness and socioeconomic growth of its northwestern region by modernizing port logistics and infrastructure. The operation consists of the construction of a modern logistics terminal with a platform parallel to the bay coastline.
June 10, 2021
The Inter-American Development Bank has approved a US$15 million reimbursable technical cooperation loan to help consolidate private participation arrangements in Colombia’s infrastructure, improve the context of financing and foster conditions conducive to economic recovery following the COVID-19 pandemic. The operation seeks to consolidate the government’s capacity to promote private participation arrangements in economic and social sectors given the new scenario of budgetary and financing constraints for the expansion of Colombia’s infrastructure.
April 19, 2021
The program will benefit 4.1 million people living in locations throughout the 39 provinces adjoining departmental road network’s road corridors. The Inter-American Development Bank (IDB) has approved a US$114.3 million loan to improve and maintain the departmental road network, helping reduce transport operation costs and travel time.