Guatemala City, March 28th, 2022. - The National Art Museum of Guatemala (MUNAG) will soon have an immersive virtual room that allows for the projection of high-quality videos and images on LED screens. This is thanks to the support of the Central American Bank for Economic Integration (CABEI), which approved a US$130,000 donation to the Ministry of Culture and Sports (MCD) for the implementation ...
Antigua Guatemala, March 29, 2022. – With the purpose of concluding one of the most important works related to water resources in the Dominican Republic with the highest standards, the Central American Bank for Economic Integration (CABEI) approved a US$3.6 million technical cooperation for the preparation of studies and final designs for the complementary works of the Monte Grande Multipurpose ...
Antigua Guatemala, March 29, 2022.- With the objective of improving the capacity to adapt to the adverse effects of climate change in the countries of the region, the Central American Bank for Economic Integration (CABEI) approved the Central American Dry Corridor Program and the Arid Zones of the Dominican Republic for US$217.1 million, of which the Green Climate Fund (GCF) will contribute ...
Tegucigalpa, March 29th, 2022.- The Japanese rating agency Japan Credit Rating Agency (JCR) confirmed the long-term international risk rating of the Central American Bank for Economic Integration (CABEI) at "AA"; with a stable outlook. According to JCR's official statement, CABEI's credit rating is based on solid support from its member countries, its preferred creditor status, and its strong ...
Antigua Guatemala, March 29tth, 2022. – In order to expand the services of the Public Finance Ministry of the Republic of Guatemala (MINFIN) and improve the efficiency of fiscal policy administration and compliance with new regulations on transparency and procurement, the Central American Bank for Economic Integration (CABEI) approved a non-reimbursable cooperation grant of US$1 million to ...
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 ...
THE BOARD OF DIRECTORS, CONSIDERING: That on March 29, 2022, the distinguished Dr. Enrique Ortez Colindres (RIP) passed away in the city of Tegucigalpa, Republic of Honduras. That Dr. Ortez Colindres served as President of this Institution from 1968 to 1977, having previously held the offices of Director and Vice President from 1964 to 1968. That Dr. Ortez Colindres stood out for his personal ...
Managua, March 30th, 2022.- The National Sustainable Electrification and Renewable Energy Program (PNESER Segment A and B), supported by the Central American Bank for Economic Integration (CABEI), which will provide approximately 3 million Nicaraguans with access to continuous, efficient and sustainable electricity service, is making steady progress. By the end of 2021, a total of 677,255 people ...
San Jose, March 31st, 2022.- Through a US$470,000 loan approved by the Central American Bank for Economic Integration (CABEI), feasibility studies and final design of the Judicial Complex in Buenos Aires de Puntarenas, in southern Costa Rica, began this week. The initiative contemplates the construction of two buildings for the benefit of more than 52,000 people, including vulnerable groups such ...
