ALIDE participates in 4th Meeting of the PPP Regional Development Group
- Event reveals the challenges and opportunities offered by the PPP market and demonstrates the Group’s initiatives underway in the region.
November 16, 2022- The Latin American Association of Development Financing Institutions (ALIDE) participated in the 4th Annual Meeting of the Regional Group of Public Banks for the Development of Public-Private Partnerships (PPPs), which centered on the “Challenges and Opportunities in the Latin American and Caribbean PPP Market.”
In the course of the event organized by the PPP Regional Group promoted by the Inter-American Development Bank (IDB) and ALIDE, the principal findings of the Infrascopio 2022 report were reviewed, information was exchanged about the green hydrogen sector in the region and details of the Latam Projects Hub digital infrastructure platform were shared.
“We are of the opinion that public development banking can play a leading role in improving the structuring and financial viability of PPP projects,” asserted Juan Martínez, PPP Regional Development Group coordinator.
Martínez went on to add that the group coordinated by the IDB and ALIDE could make a basic contribution in support of the development banking system with a view to promoting the creation of more and better public-private partnerships in the region.
Romy Calderón, ALIDE Head of Economic Studies, for his part, referred to the Development Banking HUB and pointed out that platforms of that kind seek to reinforce aspects needing improvement in the Latin American and Caribbean region by means of training opportunities and the exchange of knowledge and experiences.
“The platform is intended basically for your (the institutions) use in sharing information, in operating as active members,” stated the ALIDE expert, underscoring the fact that that the importance of the HUB lies in its driving force for producing interaction among the members and in the benefit they can gain from it.
What is the Regional PPP Group?
The Regional Public-Private Partnership (PPP) Development Group is an initiative of the Latin American Association of Development Financing Institutions (ALIDE) and the Inter-American Development Bank (IDB), for the purpose of fostering the institutional strengthening of Public Development Banks (PDBs) in Structuring and Financing Public-Private Partnerships.
It emerged in response to the need for investment in the region’s infrastructure and the possible potential of National Development Banks (NDBs) for attracting private funds with which to promote new infrastructure investments.
It also offers a vehicle whereby National Development Banks can share experiences and build up their technical and operational capacities for structuring and financing public-private partnerships.
About ALIDE
ALIDE is the community of financial institutions that produce banking solutions for Latin American and Caribbean development. Founded in 1968, its main purpose is to contribute to the region’s economic and social development by promoting the use of good development finance practices among its members. It is comprised of more than 80 member institutions operating in over 20 countries of Latin America and other regions of the world.
Contact
Communnication Unit of ALIDE
Phone: +511-203-5520 |: Ext: 227
comunicaciones@alide.org, comunicaciones2@alide.org
www.alide.org