Fostering the Internet of Things for Enhanced Supply Chain Performance (IADB-RG-T2931)

Regions
  • Latin America and Caribbean
Where the impacts of the investment may be experienced.
Financial Institutions
  • Inter-American Development Bank (IADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
C
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jul 11, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Sectors
  • Finance
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.60 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 0.60 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IADB website

Updated in EWS Sep 15, 2017


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
IDB: The general objective of this Technical Cooperation (TC) is to provide support to LAC countries in fostering IoT adoption by LAC supply chains. The specific objectives are to: (i) examine the current state of the adoption of IoT in LAC supply chains; (ii) identify constraints to supply chain productivity that could be overcome by the adoption of IoT; (iii) revise existing policies related to IoT; and (iv) design a roadmap for the development of a National IoT Strategy, aimed at increasing IoT adoption in both the productive sector and public procedures related to private sector development. Two countries will be selected to implement the activities encompassed in this TC based on IDB strategic dialogue and loan portfolio. The ability to replicate this project in other countries in the Region will be facilitated by, among others, laying out the pillars for the development of public policies in IoT through the design of a roadmap for National IoT Strategies; and having examples and inputs for other countries in the Region of what contents such roadmaps could have.
Investment Description
  • Inter-American Development Bank (IADB)
Contact Information
ACCOUNTABILITY MECHANISM OF IADB The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).