PlanCHA initiates actives with Itaipú financing and CAF support
The Paraguayan Information Agency informed that Itaipú Binacional granted a loan for 900 million to the Executive Secretariat of the Master Plan of the Historic Center of Asuncion, for a period of one year, to initiate office operations and hire the professional staff to manage the implementation of the plan
The financial support of Itaipú Binacional is the counterpart of the technical cooperation that CAF, Development Bank of Latin America, approved for the PlanCHA. It is the first multilateral cooperation received by this important initiative, which, coordinating the national government with the municipality, seeks to recover the historic center of the capital city.
The Minister of Culture noted, "Asulab will function as a management entity, whose task will be to translate the ten strategies of the Master Plan into actions, investment opportunities, and generation of employment. In addition, it seeks to make both the financial and technical cooperation converge in order to ensure the sustainability of the process".
The Paraguayan General Director of Itaipú, James Spalding, stated that this cooperation helps to transform the governmental vision into action, creating synergies between the institutions involved.
He added, "Each Guarani that is generated at Itaipú must help the people. The CAP and the SNC reassure and provide guarantees that these resources will be used as they should".
The inauguration of this project was held this Monday in the auditorium of Itaipú, with the participation of the Minister of Culture, Mabel Causarano, the Paraguayan General Director of the Bi-national Bank, James Spalding, the Minister of Senavitat, Soledad Núñez, the Minister of the SEN, Joaquín Roa, Representative Ramón Romero Roa, the Executive Director of Coordination, Pedro Domaniczky, and Hugo Cáceres Di Leo, representing the Association of Architects of Paraguay (CAP, for its acronym in Spanish), which will be the institution that will manage the funds.
CAF's more recent content
![Paving and maintenance of rural roads to guarantee progress in Peru Paving and maintenance of rural roads to guarantee progress in Peru](/media/4669192/fotos-guia-de-caminos-ndp.jpg)
Paving and maintenance of rural roads to guarantee progress in Peru
CAF presented in Lima the Guide “Rural roads: A door to development and territorial connectivity”, in which it offers guidelines that help guarantee the population's equitable access to opportunities for personal and professional development.![CAF and MCDF support Jamaica’s vision for a global logistics hub CAF and MCDF support Jamaica’s vision for a global logistics hub](/media/4669170/microsoftteams-image-1.png)
CAF and MCDF support Jamaica’s vision for a global logistics hub
The Multilateral Cooperation Center for Development Finance (MCDF) approved total financing of USD 550,000 in support of CAF’s partnership with the Jamaica Special Economic Zone Authority (JSEZA) to implement the Jamaica Logistics Hub Initiative (LHI) and the development of the Caymanas Special Economic Zone (SEZ), which will contribute to positioning Jamaica as a global logistics hub and gateway that will interconnect the Americas to the world.![What's next for the Regional Brand? 5 Lessons from Chile What's next for the Regional Brand? 5 Lessons from Chile](/media/4669114/img_3092.jpg)