Analysis of experiences in metropolitan areas of Central America

13/03/2019
In this framework, CABEI Executive President, Dr. Dante Mossi and the Executive Director of UN-Habitat, Elkin Velásquez, signed a renewal to the memorandum of understanding to continue cooperating in developing projects that contribute to integral urban development.
In this framework, CABEI Executive President, Dr. Dante Mossi and the Executive Director of UN-Habitat, Elkin Velásquez, signed a renewal to the memorandum of understanding to continue cooperating in developing projects that contribute to integral urban

CABEI and UN Habitat will continue working for projects that lead to sustainable and balanced development in the region.

Tegucigalpa, March 14, 019.- Today, the Central American Bank for Economic Integration (CABEI) and the United Nations Program for Human Settlements (UN-Habitat) inaugurated the Regional Integral Urban Development Forum, in which the first-phase results of the "Study of the State of the Central American Metropolitan Areas in the framework of the VIDHAS Program" were announced.

Experts from both entities summarized the reports on the levels of urban prosperity in the metropolitan areas of San Salvador, San José and Santo Domingo, as well as outlined integral urban operations that promote urban development in the region. 

An integral proposal
During his speech at the inauguration of the Forum held in collaboration with UN-Habitat, CABEI Executive President, Dr. Dante Mossi, stated that the Bank makes available to its member countries financial solutions that improve access to housing in an integral urban environment that promotes social inclusion and poverty reduction.

He explained that, "Within the framework of the Sustainable Housing and Habitat Development Program (VIDHAS), CABEI contributes to its member countries by providing financial resources in better conditions in order to motivate the formulation and implementation of projects and programs in the sector. To date, we have financed sustainable housing programs and projects in Guatemala, El Salvador, Costa Rica and even in Argentina."

VIDHAS aims to improve access to housing in an appropriate urban environment by financing interventions that promote social inclusion and poverty reduction, satisfying a social demand in housing and city services.

The program was established as a response to the Central American Housing and Human Settlements Strategy, which is led by the Central American Council of Housing and Human Settlements as an instance attached to the Central American Social Integration System. In addition, VIDHAS supports the implementation of a New Urban Agenda in the Central American countries.

Entities join efforts for more inclusive cities
The event offered a unique opportunity to join the efforts of both entities and promote more inclusive, compact and connected cities through urban planning and design, urban governance and legislation, and the urban economy, seeking to create a bond of reciprocal reinforcement between urbanization and development.

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