General objective: Building on the findings of the initial studies carried out by INT during 2023 and 2024, this Technical Cooperation (TC) aims to provide a more in-depth competitiveness analysis of the Global Value Chains (GVC) of: semiconductors, medical supplies, and critical minerals for the clean energy transition; and other GVCs of interest in LAC countries through fieldwork and interviews with public and private stakeholders, offering further insights and tailored recommendations to enhance the competitiveness of LAC countries and facilitate their integration into critical GVCs. This TC seeks to capitalize on the evolving landscape of GVCs by supporting LAC countries in addressing critical challenges, leveraging regional strengths, and ensuring adherence to international standards. By providing detailed competitiveness studies, regional analyses, and targeted policy recommendations, this TC aims to drive economic growth, attract foreign investments, ensure sustainable development, and promote fair labor practices across the region. This initiative aligns with the broader IDB Group's Institutional Strategy core objective of bolstering sustainable growth by enhancing regional integration and LAC's role in the global economy.
Project Detail
Country
Regional
Project Number
RG-T4575
Approval Date
-
Project Status
Preparation
Project Type
Technical Cooperation
Sector
REGIONAL INTEGRATION
Subsector
ENABLING ENVIRONMENT FOR SUSTAINABLE INTEGRATION
Lending Instrument
-
Lending Instrument Code
-
Modality
-
Facility Type
-
Environmental and Social Impact Category (ESIC)
-
Total Cost
USD 1,900,000.00
Country Counterpart Financing
-
Original Amount Approved
USD 950,000.00