Inter-American Development Bank

BID promotes Mesoamerican transport, logistics and integration

El corredor mesoamericano.

The Inter-American Development Bank (IDB) announced a contribution of $800,000 through the approval of two technical cooperation grants, each of $400,000, for the Strategic Program for the Development of Infrastructure and the Strategic Program for the Development of Integration.

In both cases, the beneficiary countries will be Mexico, Belize, Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica, Panama and the Dominican Republic, members of the Mesoamerica Project.

In this way the IDB will contribute to the […]

Characteristics of Land Cargo Transport in Latin America

La edad de las flotas de camiones es elevada.

In a document entitled “Automotive Cargo Transport (TAC) in Latin America: Logistic Support for Production and Trade”, developed by José Barbero and Pablo Guerrero, and published by the Inter-American Development Bank (IDB) the characteristics of this sector, is outlined and its projections.

The report, in general, was carried out from various studies and includes 14 countries, revealing the enormous diversity of the sector. This is verified not only among the different countries, but also within […]

BID to invest $400 million to speed border crossings

Frontera Panamá-Costa Rica, Paso Canoa.

A $400 million project of the Inter-American Development Bank (IDB) is being implemented to make a substantial change in the operation of border crossings in Central America.

In Panama, it is in a final stage of approval, with funding of $60 million.

The overall project is being made with a modern electronic platform so that shippers, importers and exporters can send in advance their information, so that on reaching the border crossing their merchandise makes […]

Panama receives IDB loan to improve logistics sector

Banco Interamericano de Desarrollo.

The Inter-American Development Bank (IDB) approved a loan of $200 million to support policy reforms (PBL) with the aim of improving the competitiveness of the logistics sector through reducing regulatory and institutional restrictions in Panama.

The reforms supported by the project, which include institutional, regulatory aspects of planning and commercial facilitation, allow for a boost to value-added logistics services, export of agricultural products and support the expansion of intra-regional trade with Central America, through the […]

Latin American exports fall in Q1

According to a report published by the Inter-American Development Bank (IDB) on June 2, Latin American exports had an annual contraction of 9.1% in the first quarter of 2015.

Exports from the region fell 2.7% in 2014, and the decline intensified in recent months. The report revealed that the contraction in exports was widespread in most countries of the Americas in the first months of 2015.

In Central America and the Dominican Republic exports had […]

Panama is preparing for Competitiveness Forum

The Secretary of Economic Affairs and Competitiveness of the Ministry of the Presidency, Kristelle Getzler, met with senior officials of the US government and business sectors as well as representatives of the Inter-American Development Bank (IDB), among others, to report on progress in the organization of the VII Competitiveness Forum of the Americas (FCA) to be held in Panama in October.

“Panama is joyous for being the country hosting the seventh edition of the Competitiveness […]

Secretariat of Logistics to be created in Panama

The decision to create a Logistics Secretariat in Panama is ready because of all the effort being made by the country to become a first world logistics center.

Someone should coordinate this, said the consultant of the Inter-American Development Bank (IDB), Marelia Martinez Rivas, who has been organizing several workshops with the public and private sectors for the logistics activity.

The last workshop held discussed the functions that would correspond to the future Secretariat of […]