Dominican Republic, CABEI's Ambassador in the Caribbean.

The country became a Non-Founding Regional Member of CABEI in 2007 and since then the institution has consolidated its presence in the country by financing programs and projects that contribute to the sustainability of economic growth and the strengthening of aspects of social inclusion with environmental sustainability. . CABEI has benefited more than 6 million people in the Dominican Republic through the programs and projects that the Bank has implemented in the country, through financing amounting to a total amount of US$ 1.1638 billion for the public and private sectors.

Summary of operations

Road Infrastructure: Financing for 148 kilometers of highways.

Energy: Financing for the generation of 80 megawatts of clean renewable energy.

Agro Sector: US$ 60 million for the strengthening of the agricultural sector with a sustainable technological approach.

A 228% increase in the amount estimated in the 2021-2026 country strategy, reaching US$ 1.8 billion. In the previous five-year period the disbursement amounted US$ 533.9 million.

PROJECTS

 

Coral Highway Project

It consisted of the construction of a 70-kilometer-long, 4-lane highway, for which financing of US$70.0 million was allocated.

 

Improvement and Expansion of the Eastern Road Corridor for road sections

San Pedro de Macorís-La Romana Section, La Romana Beltway Section and Eastern Tourist Boulevard Section, totaling 78 kilometers in length and representing the best road infrastructure in the country.

 

Palomino Hydroelectric Project

With a clean and renewable energy generation capacity of 80 megawatts, it is located in the Province of San Juan. For its execution, the Bank allocated financing for a total amount of US$ 130.0 million

 

Construction of a 50-kilometer gas pipeline in San Pedro de Macorís

Loan in favor of AES Dominicana for a total amount of US$54.00 million.

 

Montegrande Multipurpose Dam Project Phase III

With current financing of US$249.6 million

Citizens can consult in real time indicators of compliance with CABEI's Information Access Policy

29/09/2021

The multilateral becomes the first international financial organization to make available to the public a consultation tool on this subject.

Tegucigalpa, September 29, 2021.- As of this Monday, the Central American Bank for Economic Integration (CABEI) makes available to the public a series of compliance indicators on its Information Access Policy (PAI) and becomes the first international financial institution to provide access to these trends, in real time and in a comprehensive manner, in order to generate greater transparency.

In this space the Bank presents the main trends related to the classification of public information and the processing of information requests, including areas of interest, origin, categorization, and status, providing greater proactivity and predictability on the disclosure of information.

CABEI Executive President, Dr. Dante Mossi, emphasized: "With the implementation of this type of initiative, we seek to consolidate our commitment to transparency in the exercise of our activities and strengthen governance and accountability. At the same time, we hope to foster trust, promote the relationship with our stakeholders, generate greater openness and make CABEI a pioneer in this area".

Through the tool, citizens will also be able to learn about CABEI's average response rate to their requests for information. At the end of the year, the Bank will publish an annual report on the implementation of the Policy, which will include the final and official statistical data produced as a result of these indicators.