The Development Bank approved a USD 5 million-funding to the “Project for the strengthening and regional consolidation of the Bicentenary History and Cultural Centers”, to support these centers of cultural and social inclusion aiming at the development of local cultural identities and the promotion...
Juan E. Notaro Executive President of FONPLATA – Development Bank After more than two decades working in international organizations, I must say that despite the efforts towards the integration of Latin America, most people in the region still refer to it as a dream, a desire, a utopia. In fact, if...
Juan E. Notaro Executive President of FONPLATA – Development Bank The main role of development banks is to fund programs and projects that may not be convenient or profitable for commercial banks. Development, in the broad sense, is everything that contributes to improve people’s well-being and...
The Development Bank approved a USD 16 million funding for the “Urban Development and Mobility Program of Sorocaba”, in the Brazilian State of São Paulo, to carry out road and drainage works, aiming at reducing the impact of floods and carbon emissions. This operation is part of a cofinancing...
The Development Bank approved more than USD 30 million funding to support the “Integrated Program for Sanitation and Water Resources in Indaiatuba/SP – Jundiaí River Clean”, of that municipality of the Brazilian State of São Paulo. The general purpose of the program is to contribute to improve the...