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
CABEI promotes public-private investments for sustainable development in the region
The CABEI delegation begins the visit to innovative projects in Honduras with the aim of replicating it in member countries.
Tegucigalpa October 21, 2021.- The role of Public-Private Partnerships (PPP) to develop the infrastructure required by the region is of vital importance to achieve sustainable development, said the Executive President of the Central American Bank for Economic Integration (CABEI), Dr. Dante Mossi, during a tour of projects in northern Honduras on Thursday.
"Given the importance of PPPs, CABEI supports these investment mechanisms through its pre-investment and technical cooperation programs for institutional strengthening and capacity building of PPP units, as well as in project structuring and implementing different financial and risk mitigation modalities and instruments," explained Mossi.
In this regard, he indicated that the current portfolio of PPP projects in the different countries of the region mainly deals with transportation infrastructure and that it is expected that other types of investments such as water and sanitation, hospital and educational infrastructure, among others, will be strengthened.
On the field tour, Mossi concluded: "our directors and management team are witnessing first-hand some examples of infrastructures implemented under this scheme, as well as the challenges and improvement needs for their development".
