March 04, 2013
The construction of a kilometer-long boardwalk between Rockley and Coconut Court on the southern coast of Barbados is not only a tourist attraction—it also provides safe access to beaches and has increased beach width by nearly 20 meters.
October 17, 2011
$100 million in loans disbursed last month will pave the way for the airport to more than double its passenger capacity Costa Rica’s Juan Santamaría International Airport in San José has successfully completed a three-year restructuring and is preparing to more than double its passenger capacity after partnering with the Inter-American Development Bank (IDB) and the Overseas Private Investment Corporation (OPIC).
August 03, 2011
Beyond a boom that has pushed bilateral trade between Colombia and Brazil to $3 billion a year, both countries could tap enormous potential for growth if they addressed bottlenecks such as logistical costs and tariff barriers, according to a new study released by the Inter-American Development Bank’s Integration Department.
July 06, 2011
IDB financing for renewable energy paves the way for denim maker in Ecuador to boost output while cutting energy costs One of the oldest traditional textile manufacturers in Ecuador, La Internacional S.A., is not only looking for the latest trends in denim fashion, but also looking for ways to become more competitive and grow in a sustainable way.
IDB expects to provide more than $500 million to help Latin America and Caribbean prepare for natural disasters
March 10, 2011
Financial disaster preparedness is a growing concern in Latin America and the Caribbean. Last year the region saw devastating earthquakes in Chile and Haiti and an active hurricane season that impacted Central America and Mexico. In addition, the La Niña-related weather phenomenon has brought severe flooding to Venezuela, Colombia and Brazil, among others.