Private-Sector Fund with Japan, Central America’s Exports, Bahamas Impact
Inter-American Development Bank
At the Inter-American Development Bank we work to improve lives in Latin America and the Caribbean.
Japan & IDB Invest Power Up the Private Sector?
The private sector in Latin America and the Caribbean received a major boost this month when the Japan International Cooperation Agency (JICA) announced a $1 billion contribution to a new trust fund with IDB Invest to co-finance projects that drive sustainable growth.?
The fund “represents a historic milestone in our ongoing partnership with JICA,?as?the agency's first private-sector fund with our bank and its largest private-sector fund in Latin America and the Caribbean,” said IDB President Ilan Goldfajn, who was joined by IDB Invest CEO James Scriven in Tokyo.?
IDB leaders also held consultations with the bank’s 22 non-regional member countries to review progress on IDBImpact+, our reform agenda to expand the scale and impact of our development work.??
Argentine President Javier Milei visited our headquarters this month for a keynote address and discussion on his country’s economic model and recent reforms. He was introduced by President Goldfajn, who highlighted the IDB’s increasing role in driving private-sector-led growth.?Watch the video here.
Making an Impact in The Bahamas?
Beauty, resilience, and opportunity. That’s The Bahamas, the site of our recent annual consultations with Caribbean member countries in preparation for the Annual Meetings.??
The country is also the site of a robust portfolio of projects on priorities ranging from disaster-risk management to support for entrepreneurship to reliable energy and countering gender-based violence. Watch our video here.?
And click to learn about ONE Caribbean, our regional approach to promoting sustainable development through the public and private sectors. This year, our investments in the Caribbean total some $1.1 billion, focusing on resilient infrastructure, skills training, and more.??
?Annual Meetings: Less than a Month to Go!?
Finance ministers, other senior economic leaders, and members of the public and private sectors from the bank’s 48 member countries all convene in less than a month for our most important event of the year.?
The 2025 Annual Meetings of the IDB and IDB Invest take place on March 26-30 in Santiago, Chile. There, leaders will discuss development goals for Latin America and the Caribbean, with a focus on combating poverty and fostering growth and sustainability – including through a more effective bank.?
And don’t miss our rich offering of topical seminars!?
Featured Projects?
New financing will improve water and electricity services on remote Rapa Nui, also known as Easter Island.??
Investments from the IDB and the Brazilian Development Bank in states and municipalities will enhance public services.?
Funding to support an improved business climate, reduced costs and greater productivity for exporting companies and small businesses.?
Modernization of free-trade zones will strengthen competitiveness, help attract foreign direct investment, and improve sustainability.??
Drone delivery of medical supplies and telemedicine will benefit more than 20,000 residents of hinterland communities.??
Data of the Month?
Today, the countries of Central America and the Dominican Republic have an opportunity to bolster integration and competitiveness. As our graph shows, the recent trend in exports reflects the momentum.?
Our América en el Centro program aims to help realize this potential, with a focus on productivity, resilience, and social development for young people. It was at the center of high-level consultations this month.??
It’s also the focus of our latest publication, which provides a wealth of data, analysis, and case studies that underpin our work. Explore it here.?
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20 小时前Muchas gracias por el alcance, solo sacaron un comunicado sobre la creación de un Fondo de inversión Privado de 1,000 millones de dólares para las peque?as y medianas empresas privadas del Caribe y América Latina. Un gran apoyo financiero , éxitos.
General Manager EURODISA
2 天前Congratulations to the IDB and JICA for this important collaboration! I think it is fantastic that they are joining forces to boost the private sector in Latin America and the Caribbean. It is crucial to invest in projects that promote sustainable growth, especially in a region that is so diverse and with so many challenges. The $1 billion fund is a sign of commitment to responsible development and I am excited to see how it will translate into concrete projects that generate both economic and social benefits for the region. I hope that this fund will mark a turning point in the way development is promoted in Latin America and the Caribbean, prioritizing sustainability and the well-being of communities.