
The Mesoamerica Integration and Development Project (previously referred to as the Puebla Panama Plan) is a program designed to strengthen regional integration and foster social and economic development projects for the geographical area of Mesoamerica (from 9 southern Mexican states to Colombia).
The Mesoamerica Project was proposed in 2001 by then Mexican President Vicente Fox in order to unite the region on the subjects of infrastructure and energy. The main objective is to contribute to a reduction in regional poverty levels.
The original plan was composed of Belize, Costa Rica, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, and Panama. Colombia joined in November 2004 as an observer and in 2006 was accepted as a full member.
CABEI provides financing to support the 8 initiatives that constitute the Mesoamerica Project:
TRANSPORT
ENERGY
TELECOMMUNICATIONS
HUMAN DEVELOPMENT
TOURISM
SUSTAINBLE DEVELOPMENT
FACILITATION OF TRADE AND COMPETITIVENESS
DISASTER RELIEF AND PREVENTION
CABEI has played a leading role in financing Mesoamerica Project initiatives. In 2007, CABEI mobilized resources of US$662 million to increase the accumulated total to $1.66 billion. Since 2001, accumulated disbursements for Mesoamerica Project initiatives totals US$561.9 million, with US$242 .1 million being disbursed in 2007 alone.
Please click here to go to the official webpage of the Mesoamerica Project (SPANISH ONLY)
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