CABEI is a key player in the financing of infrastructure in Central America

Tegucigalpa, December 13, 2018.- Infrastructure is considered a very attractive asset for investment because of its positive effects on economic growth and its reduction in commercial costs; however, for Latin America and the Caribbean, investment in infrastructure is below the desired levels and there are particularities of a region with emerging and developing economies that make it difficult to attract the necessary financing.

The Central American Bank for Economic Integration (CABEI) actively participates in the Latin American discussion with its experiences in different mechanisms and best practices of financing infrastructure and how this benefits the region's trade.
CABEI was part of the regional forum denominated, "XX Meeting of Directors of Cooperation: Strengthening Connectivity and Commercial Infrastructure," which was organized by the Latin American and Caribbean Economic System (SELA).

The event brought together international cooperation directors from Latin America and the Caribbean, representatives of development banks, government authorities related to trade and international organizations, including: The Common Market of the South, the Pacific Alliance and the Mesoamerica Project.

CABEI participated with a presentation by Mr. Otto Gutiérrez Kikut, representing the Bank's Sectors and Countries Division, in the panel denominated, "Financing Regional Commercial Infrastructure: Challenges and Opportunities;" a space in which he shared his knowledge with representatives of the Inter-American Development, European Investment Bank and Financial Fund for the River Plate Basin.

In addition, the attendees reviewed the advances and challenges that their entities have to invest and execute the regional or national commercial infrastructure projects.

The presentation gave a clear idea of how in recent years and especially since the implementation of its 2015-2019 Institutional Strategy, the Bank has been financing projects in productive infrastructure, social development and energy, which have contributed to the improvement of the capacities of the region's countries to increase their possibilities of moving goods, support small and medium producers with technical assistance and financing, and promote the possibilities of insertion of the private sector into investment in infrastructure, among others.