San José, August 14, 2019.- The Ministry of Environment and Energy (MINAE) together with the Central American Bank for Economic Integration (CABEI) and the United Nations Environment Program (UN Environment) officially launched the project “Development of an energy efficiency market for lighting, air conditioners and refrigerators in Costa Rica.” Participants in the event launch included Vice ...
San José, October 08, 2019.- Today, the Central American Bank for Economic Integration (CABEI) signed a memorandum of understanding with the Costa Rican Railway Institute (INCOFER) with the aim of developing strategies for the definition of regional railway projects and providing financing for such potential projects. CABEI Executive President Dr. Dante Mossi stated that, “In the framework of the ...
San José, December 19, 2019.- This week, the Central American Bank for Economic Integration (CABEI) worked jointly with the World Bank (WB) to prepare a parallel financing for a Development Policy Operation (DPO) in Costa Rica for an amount by CABEI of US$250 million. CABEI approved the Development Policy Operation Program as a financing instrument for the sovereign public sector to support policy ...
San José, January 22, 2020.- The Central American Bank for Economic Integration (CABEI) continues to yield positive results in terms of sustainable development. On this occasion, its regional building in San José, Costa Rica was declared carbon neutral from the greenhouse gas emissions generated in 2018. The certification was issued by the Institute of Technical Standards of Costa Rica (INTECO) ...
San José, March 02, 2020. - The Executive President of the Central American Bank for Economic Integration (CABEI), Dr. Dante Mossi, presented the different financing initiatives in the region and how they have contributed to its social development to international students from Vanderbilt University, Tennessee, United States. At the CABEI reginal building in Costa Rica, Dr. Mossi welcomed the ...
San José, March 11, 2020.- At the beginning of the work denominated "Functional Unit I," the progress of the execution of road works covered by the Arco Norte de Circunvalación Project was made known. As reported by the authorities of the country's Ministry of Public Works and Transportation (MOPT), interventions in strategic points in the capital have made significant progress: "Functional Unit ...
San José, March 25, 2020.- With the aim of strengthening the liquidity of the state banks in Costa Rica so that they can support the productive sectors in the face of the national emergency caused by the COVID-19 pandemic, the Central American Bank for Economic Integration (CABEI) authorized the disbursement of US$50 million for Banco Nacional de Costa Rica and US$40 million for Banco de Costa ...
San José, March 30, 2020. – With a US$17.6 million loan from the Central American Bank for Economic Integration (CABEI), the new Social Guarantees viaduct was put into service. The infrastructure aims to streamline vehicular flow at one of the busiest points in the city of San José. The work, which is 864 meters long, also includes a 550 meter overpass. The overpass consists of six lanes in total, ...
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, May 04, 2020. – The financing amounting to US$550 million with which the Central American Bank for Economic Integration (CABEI) will support the Government of the Republic of Costa Rica to carry out the construction, equipment and startup of the Electric Passenger Train for the Greater Metropolitan Area ( GAM) will be disbursed pursuant to the construction and operational milestones that ...