Lima Municipality and CAF sign agreement to develop city projects
Lima Mayor Jorge Muñoz and CAF executive president Luis Carranza signed a Memorandum of Understanding for projects to be developed by both entities. Cooperation between the parties will focus on strategic issues for the city such as urban development, mobility, infrastructure, environmental sustainability and institutional strengthening, among others.
In order to improve the quality of life of the population and promote sustainable development, the mayor of Lima, Jorge Muñoz, and the executive president of CAF—development bank of Latin America—, Luis Carranza, signed a memorandum of understanding for different projects to be carried out in the city.
The parties agreed to work collaboratively in the promotion and development of projects and actions to help make Lima a safe, orderly, clean, inclusive and participatory city.
Upon signing the memorandum, Muñoz emphasized that “CAF will share the positive experience of other cities around the world regarding projects aimed at improving the quality of life of their residents, and thus implement them in Lima for the benefit of all.”
In addition, CAF executive president Luis Carranza noted that “through the Cities with Future initiative, CAF is supporting Latin American countries to build more inclusive, competitive, efficient and sustainable cities in order to improve the quality of life of citizens. We are offering the Municipality our experience and good practices in other cities of the region, to be used as benchmark to devise projects and activities jointly and promote the well-being and development of Lima residents.”
Areas of cooperation defined in the memorandum include strategic issues for the city such as urban development, mobility, infrastructure, environmental sustainability, institutional strengthening and promotion of e-government, among others, which will then materialize through specific agreements.
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