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Latest News in Peru / Archive
Economy | 29 September, 2009 [ 11:17 ]
BID and CAF to create a US $600 million fund for infrastructure projects in Peru
LivinginPeru.com
Isabel Guerra
The Inter American Development Bank (BID) and the Andean Development Corporation (CAF) announced the creation of a US $600 million fund, intended to invest in infrastructure projects in Peru.
The BID and the CAF will add each US $50 million for this fund, while Peru's government will contribute with US $100 through its Financial Corporation for Development (COFIDE).
Representatives of the aforementioned multilateral organisms told the press that the Canadian firm Brookfield Asset Management will manage the fund, along with the Peruvian AC Capitales.
“The fund is aimed to boost high-rentability infrastructure projects,” said Ana María Rodríguez, from the BID, and the projects that will be prioritized are related to roads, highways, airports, sewage, electricity generation and gas.
Have other topics you'd like to see in our news section? If you or someone you know would like to contribute a news article to Living in Peru, whether it's translated or based on a personal investigation, send it to editor@livinginperu.com.
Isabel Guerra
The Inter American Development Bank (BID) and the Andean Development Corporation (CAF) announced the creation of a US $600 million fund, intended to invest in infrastructure projects in Peru. The BID and the CAF will add each US $50 million for this fund, while Peru's government will contribute with US $100 through its Financial Corporation for Development (COFIDE).
Representatives of the aforementioned multilateral organisms told the press that the Canadian firm Brookfield Asset Management will manage the fund, along with the Peruvian AC Capitales.
“The fund is aimed to boost high-rentability infrastructure projects,” said Ana María Rodríguez, from the BID, and the projects that will be prioritized are related to roads, highways, airports, sewage, electricity generation and gas.
Have other topics you'd like to see in our news section? If you or someone you know would like to contribute a news article to Living in Peru, whether it's translated or based on a personal investigation, send it to editor@livinginperu.com.
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