San José, October 4, 2024.- After four decades of waiting, Costa Rica completed the Circunvalación Norte highway, a strategic project that significantly improves mobility for more than 40,000 daily users. This important infrastructure project, financed entirely by the Central American Bank for Economic Integration (CABEI) with an investment of US$207 million, marks a milestone in the country's ...
San José, September 14, 2021.- The Central American Bank for Economic Integration (CABEI) and the Korean Republic, within the framework of the Korea-CABEI Single Donor Trust Fund (KTF), approved US$700,000 in a non-reimbursable technical cooperation to support the Government of Costa Rica in the preparation of feasibility studies for the development of a climate-smart greenhouse and a pilot plan ...
San José, April 13, 2020. - The Central American Bank for Economic Integration (CABEI) granted non-reimbursable financial cooperation in the amount of US$95,000 to the Government of Costa Rica. The resources will be used by the Ministry of Justice and Peace to carry out pre-feasibility studies for the strengthening of its prison system, which in February 2020 registered an overcrowding of 31.64%. ...
San José, November 14th, 2023.- The Central American Bank for Economic Integration (CABEI) placed its seventh bond issuance in Costa Rica through a seven-year note for 53 billion Costa Rican Colones (CRC), equivalent to US$98.6 million. Aggregate demand for the note exceeded CRC73 billion, resulting in an oversubscription of 1.4x, confirming the confidence regional investors have in their ...
San José, November 3 rd , 2023 - As a token of appreciation for the opportunity to attend festivals and camps of world-renowned music schools such as Luzerne Music Center, International Katarzyna Mycka Marimba Academy, British Isles Music Festival, among others, the 43 students of the National Institute of Music (INM) who were awarded scholarships by the Social Support Foundation (FAS) of the ...
San José, March 30 th , 2023 - Malka Quirós Ruiz is a Costa Rican head of household who lives in Bagaces, a canton in Costa Rica's North Pacific region historically affected by high arsenic residues in the water. Her life, like that of 12,000 other inhabitants of the area, changed when the project to expand and improve the aqueduct that now provides them with clean water service came into ...
San Jose, June 30th, 2022.- Flor Franco, in addition to being the owner of the Leño y Carbón restaurant, is one of the 817 micro, small and medium-sized enterprises (MSMEs) that have benefited in Costa Rica through the Central American Bank for Economic Integration's (CABEI) Financial Sector Support Facility for MSME Financing. Their business is made up of 24 workers who kept their jobs during the ...
San José, 6 de octubre de 2022.- The Cabécars are a native ethnic group in Costa Rica who live mostly in mountainous areas far from commerce, which makes it difficult for them to access food and basic health care products, as they have to walk between 4 and 7 hours to be able to shop. Aware of these difficulties, the Central American Bank for Economic Integration (CABEI) approved a US$2,000 grant ...
San José, July 20, 2021 - A total of 167 small Costa Rican companies, 33 micro and one medium-sized company have accessed financing from the Central American Bank for Economic Integration (CABEI) channeled through its commercial allies such as financial institutions. The resources requested by this productive sector since 2020 to date, which come from the Financial Sector Support Facility for the ...
San José, November 24, 2021 - A total of 200 trees of eight different species donated by the Central American Bank for Economic Integration (CABEI) will reforest the entrance to Fortuna de San Carlos, in northern Costa Rica. The donation, equivalent to US$3,000, is part of the Footprint of the Future initiative, which aims to plant 200,000 endemic, flowering, fruit and timber trees in the area ...