Strengthening the enabling environment for the development of efficient PPPs in Latin America and the Caribbean. Learning from the Korean experience

The ultimate goal of this Technical Cooperation is to leverage the Korean experience to enhance PPP public policy in LAC mature economies, while also understanding the dynamics of the PPP market and identifying opportunities for new players. Firstly, the TC will support LAC countries in creating a more conducive environment for developing strong and effective PPPs. This will involve improving the regulatory and institutional frameworks for PPP planning, selection, and prioritization within the region (Component 1). Additionally, the TC will focus on enhancing the processes for PPP project preparation, structuring, and financing in two LAC countries (Component 2). These technical assistance efforts will be informed by comprehensive analyses and best practices from around the world, particularly drawing from Korea's experiences. Secondly, the initiative will conduct a diagnosis of international actors who have the potential for increased engagement in Latin America and the Caribbean. This will include analyzing challenges and opportunities for their active participation by sector, subsector, region, and country, while leveraging South Korea's expertise in PPP (Component 3). By aligning regulatory reforms with market insights, this TC will help attract new stakeholders, enhance competition in PPPs, and contribute to the development of high-quality infrastructure in the LAC region.

Project Detail

Country

Regional

Project Number

RG-T4807

Approval Date

July 10, 2025

Project Status

Implementation

Project Type

Technical Cooperation

Sector

OTHER

Subsector

OTHER

Lending Instrument

Lending Instrument Code

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 550,000.00

Country Counterpart Financing

Original Amount Approved

USD 550,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
ATN/KS-21734-RG	Sovereign Guaranteed	USD - United States Dollar	Sep. 25, 2025	Jul. 10, 2025	Korea Private Sector Dev and Innovt Fund	Nonreimbursable

Operation Number

ATN/KS-21734-RG

Lending Type: Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Sep. 25, 2025
Signed Date: Jul. 10, 2025
Fund: Korea Private Sector Dev and Innovt Fund
Financial Instrument: Nonreimbursable

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Implementation Phase

https://www.iadb.org/document.cfm?id=EZIDB000226-1693520044-25

TC Document

Project Document - Disclosure_53026.pdf

Jul. 23, 2025

English