In London: CABEI opens a space for analysis for investors in virtual forum
Tegucigalpa, February 17, 2022.- In a virtual meeting with investors for the second consecutive year, the Central American Bank for Economic Integration (CABEI) and the Official Monetary and Financial Institutions Forum ( OMFIF ) presented the second edition of the report "Central America: Integration, Investment and Trade Opportunities".
This year, the report focuses on resilience, recovery and sustainability, evaluating the region's competitive advantages as a promising destination for foreign investors and how financial markets can promote financial market development.
On this occasion, the audience learned from CABEI Executive President, Dr. Dante Mossi, about the Bank's progress on these issues, highlighting, among other things, the efforts made by the institution to help its member countries move towards a greener economic reactivation through COVID-19.
During the panel discussion, Mossi indicated that "the Central American region is attractive to investors as it offers incentives, such as higher profitability and diversification; abundance of natural resources that can be exploited for renewable energy, commodities and green infrastructure projects; key geographic location for trade and commerce".
He also explained that accompanying its partner countries in economic growth and the integration of regional markets are some of the axes that will eventually allow the region to present a more attractive alternative to international investors.
He recalled that in recent years, the region has seen an increase in investments in green projects; CABEI has supported projects such as the Wind Farm in Honduras (Cerro de Hula), the San José Metropolitan Area Water Supply Program, Urban Aqueducts and Sanitary Sewerage of Puerto Viejo de Limón in Costa Rica and the Sustainability Program for the Water and Rural Sanitation Sector in Nicaragua through the issuance of green bonds.
"We have a task and commitment to the continuity of the Sustainable Development Goals of its member countries; and to support the people of the region and the communities," said President Mossi.