Boosting LAC growth through investment in infrastructure and deeper integration with Asia (IADB-RG-T3295)

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
Sep 18, 2018
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
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.95 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ IADB website

Updated in EWS Oct 17, 2018


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Project Description

According to IADB website, this TC will support a series of research activities and the development of operational recommendations that aim to boost growth and leverage the region's relationship with Asia, including through taking advantage of Asian experiences in infrastructure development as well as deepening trade, investment, and cooperation between the two regions. In support of this objective, the project entails policy-oriented research carried out by the IDB in collaboration with counterpart institutions and experts in Asia and Latin America and the Caribbean (LAC); high-level policy dialogue among public officials in Asia and LAC; and a multi-channel dialogue and dissemination strategy. These activities will be organized into two main strands of work with complementary policy objectives: i) the development of an infrastructure for growth methodology with applications to both LAC and Asian country pilots; and ii) a roadmap to expand and diversify the trade and investment relations between Asia and LAC. The policy recommendations based on such technical work will serve to support IDB's country dialogue with its members. The first two technical components reflect both the importance of LAC's relations with a broad set of Asian partners and the complementary role of infrastructure development and global integration as the main drivers of growth in LAC.

Investment Description
  • Inter-American Development Bank (IADB)
Contact Information

No contact information provided at the time of disclosure. 

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).