CAF and the IFC capitalize Colombia's Financiera Nacional de Desarrollo
Washington,
October 14, 2014
The objective is to address the fundamental needs for the development of infrastructure in the country, promote financing, and support the mobilization of resources
Enrique Garcia, Executive President of CAF -development bank of Latin America, and Jin-Yong Cai, Executive Vice-President and General Director of the International Financing Corporation (IFC), signed a capitalization agreement withClemente del Valle concluded, "This step, strengthens the FDN's autonomy and financial capacity, and consolidates us as the leading entity in infrastracture financing in Colombia".
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