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UR-L1140 : Investment, Trade and Innovation Framework Modernization Program

Project Status: Approved

The general objective of the program is to modernize the normative-institutional framework of investment, trade and innovation to consolidate sustainable economic growth in Uruguay through: (i) modernization of the normative-institutional framework of investment and trade in order to promote internationalization of the country; and (ii) strengthening incentives to invest in innovation to improve the development of local capacities to optimize their impact on the national economy. Components: (i) Macroeconomic framework; (ii) Modernization of the regulatory and institutional framework for investment and trade; and (iii) Modernization of incentives for productive innovation. This operation is the first of two consecutive, technically linked to each other, but independently financed under the Programmatic Policy Support Loan (PBP) modality with deferred withdrawal option.

Project Detail

Project Number
UR-L1140
Project Country
Uruguay
Project Sector
TRADE
Project Subsector
TRADE-EXPORT AND INVESTMENT PROMOTION
Project Type
Loan Operation
Environmental and social impact category
B13
Project Status
Approved

Project Information

Total Cost
USD 250,000,000
Country counterpart financing
USD 0
Fund
Ordinary Capital
Amount
0

Preparation

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Type
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Date Published