Ready for Take-off in Costa Rica

August 06, 2013
The sevenfold increase in tourism in Costa Rica over the past 25 years has brought with it the challenge to improve the country’s major airport to comfortably accommodate that influx. Costa Rica has stepped up to that challenge by transforming the Juan Santamaría International Airport into one of the best airports in Latin America and the Caribbean.

Ready for Take-off in Costa Rica

April 16, 2013
The sixfold increase in tourism in Costa Rica over the past three decades has brought with it the challenge to improve the country’s major airport to comfortably accommodate that influx. Costa Rica has stepped up to that challenge by transforming Juan Santamaría International Airport into one of the best airports in Latin America and the Caribbean.

Young people with big ideas that transform society

March 14, 2013
Participate and follow us on Twitter using @bidjuventud How does one solve old problems? With new ideas PANAMA CITY – We must listen to the voices of young people, with their fresh ideas and their plans for the future. And especially in Latin America and the Caribbean, the region with the world’s youngest population, where the average age is only 27.

Civic culture is key to reduce violence, study finds

May 30, 2012
IDB-sponsored study explores how changes in civic culture are needed to achieve long-term success in mitigating violence Any successful strategy to prevent violence should include measures to recognize and change behaviors prompted by beliefs, emotions and cultural factors, according to a new study sponsored by the Inter-American Development Bank (IDB).

Haitian school's reconstruction starts

December 23, 2011
A Trinidadian bank offers mountain village kids broader horizons If all goes according to plan, by the time the next academic year begins in September, Furcy will have a brand new public school. The facility, which will replace the old one toppled by the 2010 earthquake, will be built following strict construction standards. And as its principal, Francius Saintilus, remarked at a recent groundbreaking ceremony, the new school will have a big impact in this village in the mountains behind Port-au-Prince.

A capital challenge in Haiti

November 03, 2011
Until February 2011, Jean-Claude Seropian, a French hydraulic engineer, worked in Paris as director of operations of Suez Environnement, one of the world’s leading water and waste management companies. That month he moved to Haiti as head of a team of five technical, financial and management experts from Suez and two sister companies, Aguas de Barcelona and United Water. Their mission: to work with the staff of Port-au-Prince’s ailing water utility to arrest the decline of its services.

Costa Rica’s main airport completes restructuring, gears up for expansion with IDB, OPIC support

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).

Costa Rica’s Huétar Norte Region to boost competitiveness of micro and small firms with MIF support

October 05, 2011
$1 million investment will foster innovation and create first carbon footprint management model for firms in the nation With a vast agricultural, scenic and environmental richness, the Huétar Norte Region is little known outside of Costa Rica, and even internally its productive and touristic potential is not fully explored. More than half the milk produced in the country comes from that area, which covers 20 percent of the national landscape and it is home to only 7 percent of Costa Rica’s population.

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.

Colombia expands its renewable energy production

February 14, 2011
Porce III Hydroelectric Plant increases country’s installed generating capacity by 5% Colombians will have greater access to clean energy as a result of the recent inauguration of the Porce III Hydroelectric Plant, which will add 660 megawatts to the country's energy matrix. The plant, built with financing from the Inter-American Development Bank (IDB) to Empresas Públicas de Medellín(EPM), will increase Colombia’s installed power generating capacity by 5% and position EPM as the largest power company in the country.