February 07, 2019
A US$150 MILLION OPERATION WILL CONTRIBUTE TO INCREASE PRODUCTIVITY THROUGH THE IMPROVEMENT OF THE COUNTRY’S ROADS The Inter-American Development Bank approved a US$150 million operation to Guatemala to implement an ambitious improvement and rehabilitation program of the roads connecting productive areas and departmental capitals to the main networks.
September 24, 2018
Inefficiencies and fraud in procurement, civil service and targeted transfers could be as large as $220 billion a year Report includes policy recommendations to improve spending in healthcare, education, infrastructure and public safety
January 17, 2018
IDB Invest, a member of the Inter-American Development Bank (IDB) Group, will finance the expansion of the Terminal Zarate port, the most important in Argentina's automotive transportation sector and located in a strategic area to move goods and containers from the center and north of the country along its waterways. IDB Invest will provide an A loan of $15 million and the financial institution CIFI will provide a B loan of $15 million.
IDB backs Argentine plan to boost capacity and safety on Cristo Redentor System Corridor on border with Chile
December 01, 2017
The plan will provide direct benefits to 2.3 million people who use the transport system each year and indirect ones to 920,896 residents of cities in the Argentine province of Mendoza The Inter-American Development Bank (IDB) has approved a Conditional Credit Line for Investment Projects of up to $524.3 million for Argentina, which will finance a program designed to boost capacity and improve safety on the Cristo Redentor System Corridor on the border with Chile.
November 29, 2017
The IDB will finance an infrastructure and road safety program in the Province of Buenos Aires and the implementation of Argentina’s National Financial Inclusion Strategy Road network capacity and safety in Argentina’s Buenos Aires Province
November 29, 2017
Program will also strengthen local government ability to conduct efficient road infrastructure planning and management Argentina will improve the Buenos Aires Province road infrastructure with a traffic safety and capacity enhancement program supported by a $200 million loan from the Inter-American Development Bank (IDB).
Brazil’s Santa Catarina State will improve productivity and reliability of electricity supply with IDB support
November 23, 2017
The Inter-American Development Bank (IDB) has approved a multiple-works investment loan in the amount of US$276.05 million to Centrais Elétricas de Santa Catarina–Distribuição S.A. (CELESC-D), the electric power distribution utility serving Brazil’s state of Santa Catarina. The program’s overall objective is to help boost productivity throughout the state of Santa Catarina by providing a higher quality and more reliable supply of electric power.
October 23, 2017
The Inter-American Investment Corporation (IIC), acting on behalf of the IDB Group, signed a $104 million financing package for Greenwind S.A., an affiliate of Pampa Energía S.A. and Castlelake L.P., to construct, operate and maintain the Corti Wind Farm in Bahía Blanca, province of Buenos Aires, Argentina.
Argentina and Chile get $280 million in IDB loans for first stage of the Agua Negra international tunnel
October 18, 2017
A $130 million loan for Argentina and a $150 million loan for Chile, expandable to a total $1.5 billion, will help both countries begin construction of new cross-border tunnel The Inter-American Development Bank (IDB) has approved two loans totaling $280 million –$130 million for Argentina and $150 million for Chile– to help start the construction of the Agua Negra tunnel connecting the two neighboring nations.
August 24, 2017
Project will improve section between stations Retiro in downtown Buenos Aires and Pilar, in the city’s outskirts, cutting travel time and greenhouse gas emissions The Inter-American Development Bank (IDB) has approved a $400 million loan to support renovation and electrification work of the General San Martin metropolitan area railway between the stations of Retiro, in Buenos Aires City, and Pilar, in the namesake province.