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News

Photo Credit: IDB Invest

Member News: IDB Invest and OPIC partner to catalyze billions for development in Latin America and the Caribbean

Members IDB Invest and Overseas Private Investment Corporation signed a memorandum of understanding  pledging to invest a combined $3 billion in development projects in Latin America and the Caribbean over the next five years, with the option of increasing the investment to $5 billion. IDB Invest and OPIC aim to match this investment by catalyzing additional capital from the private sector, for a total ranging between $6 billion and $10 billion.

Read more in this link.

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