IDB Promotes Access to Potable Water in the Metropolitan Area of Panama and Colon
Panama, Dec. 10 -- The Board of Executive Directors of the Inter-American Development Bank (IDB) approved a Conditional Credit Line for Investment Projects (CCLIP) of $900 million aimed at improving the quality of life for the population of Panama, facilitating financing for water and sanitation projects.As part of this credit line, the Board approved the first investment guarantee program for $250 million, a first operation designed to facilitate financing for projects that provide access to potable water services in the Metropolitan Area of Panama City (AMP) and Colon.The implementation of this guarantee will enable the development of an innovative and pioneering solution in Panama, transforming the way project financing is structured and...
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