CABEI inaugurates modern facilities in Nicaragua

Managua, March 16th, 2022.- The Central American Bank for Economic Integration (CABEI) inaugurated the new facilities of its representative office in Nicaragua with a highly modern infrastructure designed to obtain Leadership in Energy and Environmental Design (LEED) gold certification.

The new building in this founding member country has an area of 4,391.68 square meters of construction and represented an investment of US$16.5 million.

"We are very proud to inaugurate this building where our collaborators will continue working in the identification, formulation and development of projects, a mission on which we have focused our energy and dedication since 1960. We currently have a total of 33 relevant projects, mainly in the road, hospital, energy, water and sanitation infrastructure sectors, among others, benefiting more than 6 million Nicaraguans,” said CABEI Executive President, Dr. Dante Mossi.

Since its conceptualization, the building's design has incorporated aspects related to energy efficiency, the use of alternative energies, water consumption efficiency, and the selection of eco-friendly materials, which will improve the quality of life of users through the use of clean air and natural light, minimizing CO2 emissions by an average of 34%.

In line with the above, during its construction, activities such as the donation to recycling companies of discarded wood for kitchen use, as well as bags of cement and bondex were developed, thus contributing to the reduction of the environmental footprint. All of the above will enable the Nicaragua Office to obtain LEED Certification, which reaffirms the institution's commitment and environmental responsibility as a Green Bank.

 Sustainable Building

Consumption savings

• 45% potable water indoors.
• 100% potable water for irrigation.
• Between 36% and 40% energy savings.
• 20% of energy is from renewable sources.
• 34% less CO2 emissions (average).

The new building has a state-of-the-art auditorium with capacity for 200 people, a research center, meeting rooms, offices, meeting rooms, parking lots, warehouses and other facilities. It also incorporates state-of-the-art systems such as the "Building Management System" (BMS), which will allow the control and monitoring of the structure's different systems, such as solar panel systems with the capacity to generate 60 kilowatts, fire detection and suppression, irrigation, sound system, access control, seismic sensors, as well as climate control.

In addition, it has an integrated treatment plant, rainwater infiltration works, electric generators, a fuel tank, and waste pipes that facilitate waste management and recycling, as part of the certification actions of the environmental management system.

Main infrastructure features

• 4,391.68 square meters.
• 6 levels.
• 30 private offices.
• 21 temporary offices.
• 87 parking spaces.
• Board Room.
• Grand Auditorium for 200 people.
• 11 meeting rooms.
• Research Center.
• Common areas: gymnasium, social area, terrace.

"We are extremely pleased with this building, which will surely allow us to increase the number of initiatives executed for the benefit of Nicaraguans and, above all, contribute to the country's economic, social and environmental development. It is worth noting that approximately 780 direct and indirect jobs were generated during its execution," said CABEI Country Chief Officer for Nicaragua, Carlos De Castilla.

CABEI has been consolidating its presence in its member countries through offices in strategic locations with close to 400 direct collaborators.

CABEI Representation Offices

These buildings are necessary for the staff to establish strategic relationships with their counterparts, which allow them to identify and structure initiatives for CABEI to technically and financially support, both the public and private sectors.

"We are implementing continuous growth, expanding and contributing our seed as the opportunity bridge between the region and the world," highlighted CABEI Executive President, Dr. Dante Mossi.