FONPLATA — Development Bank approved the largest operation in the history of its relationship with the country: a two-stage USD 300-million loan funding. The works will focus on improving Uruguay's road network competitiveness for agro-industrial and timber transportation, including infrastructure...
To mitigate the effects of the water emergency in Uruguay, FONPLATA will fund works to improve drinking water supply, as well as the provision of the service during extreme weather events. Uruguay is going through a historic drought that started in 2020 and became more serious as of October 2022...
The Brazilian Senate approved the last amendments made to FONPLATA's Articles of Agreement in the afternoon of June 27. Once the legislative decree is enacted, the five member countries will have passed this fundamental norm of the Bank through all their legislative houses. The new Articles of...
The event, chaired by the Governor of FONPLATA for Brazil, Renata Amaral, took place at the Development Bank’s headquarters in Santa Cruz de la Sierra, Bolivia. On April 10, the Board of Governors appointed Botafogo for the Executive Presidency of the Bank for a five-year term, expiring in 2028. She...
On April 10, the Board of Governors of FONPLATA — Development Bank appointed Luciana Botafogo as Executive President of the organization for a five-year term, starting on the date on which she takes office, scheduled for April 21. Succeeding the Uruguayan economist and engineer Juan Notaro, who held...