CABEI supports the region to face the challenges of integration and development

Country Manager for Costa Rica, Mauricio Chacón participated as a panelist at the event.
Country Manager for Costa Rica, Mauricio Chacón participated as a panelist at the event.

CABEI sponsors regional forum aimed at international investors.

San José, May 31, 2019.- With the objective of supporting relations between Central American governments and financial institutions, the 5th Central American Forum of Finance and Investment (LATINFINANCE) was held.Entities sponsoring the event included the Central American Bank for Economic Integration (CABEI). CABEI Country Manager for Costa Rica, Mauricio Chacón, participated in the panel denominated ¨Upgrading Central America’s Infrastructure: Closing the Investment Gap.¨ During his presentation, Mr. Chacón stated that, ¨CABEI is the main source of infrastructure financing in Costa Rica and the region. Its contributions during its almost 60 years of existence have greatly contributed so that, in the case of Costa Rica, sectors such as energy, telecommunications, highways, health services and water and sanitation, among others, have been able to improve their conditions through the financing of projects in these fields. We remain in a continuous search for financial support alternatives to continue meeting the needs of the country in an environment that requires innovative financial solutions, such as financing projects in schemes that favor the development of public-private partnerships to close the existing gaps with regard to infrastructure."The Forum is an event designed to delve into key aspects of infrastructure needs in the region and seeks to connect the different actors related to this matter including the public sector, regulators, corporate private sector and financial institutions interested in the development of projects in the Central American region and the Caribbean.CABEI prioritizes that all its resources finance initiatives that are consistent with the strategies of each country and that the efforts in financing are truly aimed at achieving impacts in the development and poverty reduction of each country in the Central American region.