FONPLATA – Development Bank will fund the “Sports’ Infrastructure Federal Program” to contribute to improving the quality of the sports’ infrastructure of the country and strengthening the socio-community initiatives to promote sports and physical activity. The total investment on the program is of...
The Development Bank has approved funding for more than USD 50 million for the “Urban Infrastructure and Sanitation Program for the Municipality of Blumenau/SC”, State of Santa Catarina, Brazil, aiming at improving the quality of life of the population through investments in sustainable urban...
Juan E. Notaro Executive President of FONPLATA – Development Bank At the end of 2020, I wrote in these pages that the future we had foreseen at the beginning of that year was not going to be as expected. The pandemic had arrived to test health systems, economies, and solidarity around the world. Due...
The Development Bank will extend a loan to Corporación Vial del Uruguay (CVU – Road Corporation of Uruguay), a corporation whose capital is held by Corporación Nacional para el Desarrollo (CND – National Corporation for Development). It has been a public works concessionaire in Uruguay since 2001...
The Development Bank will finance the “National Emergency Program for Employment Generation”, which aims at contributing to the post-pandemic economic recovery by promoting temporary employment of vulnerable population by means of small-scale urban and rural infrastructure projects. The total...