Antigua Guatemala, March 29th, 2022. – To promote Guatemala's economic development by improving access to logistics corridors, as well as trade and social exchange by reducing transportation times and costs, the Central American Bank for Economic Integration (CABEI) approved US$170 million in financing to implement the Road Sector Investment Support Program (PROVIAL). The works, defined in line ...
Managua, March 29th, 2022.- Improving physical accessibility has a social and economic multiplier effect by boosting production, trade and passenger traffic and, at present, more than 730,000 Nicaraguans have this benefit thanks to the construction of 194.39 kilometers of road in five of the country's departments and the Autonomous Regions of the Northern and Southern Caribbean Coast. This with ...
Managua, May 18th, 2022.- The 58.5 kilometers of the Muy Muy-Matiguás-Río Blanco Highway, located between the departments of Matagalpa and the North Caribbean Coast of Nicaragua, contribute to boosting the economy, tourism, agricultural production, improving transportation in the area and the well-being of its inhabitants. The works were executed in three road segments: the first, Muy Muy-Matiguas ...
Tegucigalpa, June 07, 2022.- In order to promote citizen protection in the Republic of Argentina, the Central American Bank for Economic Integration (CABEI) approved partial financing for the US$25.4 million Citizen Security Social Investment Program for the province of Chaco, of which US$15.0 million will be provided by CABEI and US$10.4 million will be contributed by the province. Investments ...
Seúl, July 7 th, 2022.- With the objective of supporting road safety and reducing Panamanians' travel times, the Central American Bank for Economic Integration (CABEI) approved US$145 million to finance the "Beach Corridor Project," located in the district of La Chorrera. The development and improvement of this segment of the Pan-American Highway aims to support the progressive increase in traffic ...
Seoul, July 12 th, 2022. – With the objective of promoting investment programs and projects in the infrastructure sector in the Central American region, the Central American Bank for Economic Integration (CABEI) and the Korea Infrastructure and Urban Development Corporation (KIND) signed a memorandum of understanding. The signing of this agreement formalizes the non-exclusive collaboration ...
Yucatán, September 20 2022.- In order to reduce losses in the electricity system that affect more than nine million Hondurans, the Central American Bank for Economic Integration (CABEI) approved a US$250 million Development Policy Operation (DPO) under a financial facility for the country's energy sector and climate action. This CABEI instrument makes resources available to its member countries to ...
Mérida, September 20, 2022.- The Board of Directors of the Central American Bank for Economic Integration (CABEI) granted emergency aid in the amount of up to €200 thousand euros to the Republic of Cuba to address the damages caused by the fire at the Matanzas Supertanker Base. CABEI's Executive President, Dr. Dante Mossi, emphasized that the financial assistance is a sign of CABEI's solidarity ...
Mérida, Yucatan, September 23, 2022.- With the objective of improving coverage and access to health services for the benefit of Hondurans, the Central American Bank for Economic Integration (CABEI) and the Government of the Republic of Honduras formalized this Friday a contingent recovery technical cooperation for US$357,500 to carry out the design, construction, equipment and start-up studies for ...
