As the region’s strategic ally, the Central American Bank for Economic Integration (CABEI) supports its member countries in the development and execution of high impact projects. Currently, the issues of environmental sustainability, mitigation of climate change effects and energy efficiency are major priorities for the multilateral Institution. In 2009, CABEI approved its Energy Efficiency ...
The Central American Bank for Economic Integration (CABEI) prioritizes the subject of energy as one of its focus areas. The Bank has carried out numerous projects in this focus area involving renewable energy generation and electricity transmission and distribution. It has also conducted initiatives aimed at improving energy efficiency and at producing biofuels that are not detrimental to food ...
The Central American Bank for Economic Integration (CABEI) approved US$1.5 million in non-reimbursable technical cooperation to activate the Customs Union process between Guatemala and Honduras through its Program "Support to the Deep Integration Process to promote the free transit of persons and goods between Guatemala and Honduras." CABEI Director for Guatemala Mr. Emmanuel Seidner stated that ...
Furthermore, CABEI is adding yet another currency to its already impressive historic record of transactions in 17 currencies and 20 markets, thereby boosting the diversification of its liability portfolio. Furthermore, CABEI is adding yet another currency to its already impressive historic record of transactions in 17 currencies and 20 markets, thereby boosting the diversification of its liability ...
Today, the Spain Debt Conversion Program to Honduras, which is administered by the Central American Bank for Economic Integration (CABEI), signed three contracts totaling 143.7 million lempiras for the execution of the following projects: Project Name Beneficiary entity Amount in Millions of Lempiras Strengthening of formal and non-formal education based on a culture of peace and environmental ...
The Central American Bank for Economic Integration (CABEI) approved a US$100.0 million loan to the AES Colón Project for the development of a liquefied natural gas-based power plant that will be constructed in Isla Telfers, Colón. The Bank’s contribution is an important part of the more than US$400 million that has been approved by other local and international financial entities. The AES Colón ...
During the inaugural event presided over by CABEI Executive President Dr. Nick, Rischbieth, there was noteworthy mention of the recent approval of amendments to the CABEI Constitutive Agreement. During the inaugural event presided over by CABEI Executive President Dr. Nick, Rischbieth, there was noteworthy mention of the recent approval of amendments to the CABEI Constitutive Agreement. This year ...
The official signing ceremony of Panama’s equity interest increase, which reached a total of US$255.0 million, was held during Board of Governors Meeting of the Central American Bank for Economic Integration (CABEI). Panamanian President Mr. Juan Carlos Varela acted as honor witness at the signing ceremony. Currently, CABEI is supporting a number of projects involving climate change adaptation and ...
CABEI Country Director for Costa Rica, Alberto Cortes; CABEI Country Director for El Salvador, Guillermo Funes; FAO Deputy Director-General and Coordinator for Natural Resources, Maria Helena Semedo; CABEI Executive Vice President, Attorney Alejandro Rodríguez Zamora; and FAO Assistant Director- General for Forestry, Rene Castro. A delegation from the Central American Bank for Economic Integration ...
Last Monday, Dr. Nick Rischbieth, the Executive President of the Central American Bank for Economic Integration (CABEI) met with Mr. Kim Sung-taek, Senior Executive Director of Korea Eximbank, to discuss the Bank’s joint work agenda with the regional organization. During the meeting, the two discussed a number of points, including the modifications to CABEI’s Constitutive Agreement, whose purpose ...