CAF will reach 35% green financing in 2024
November 19, 2024
June 22, 2001
Determined to advance the technological capacity of the region, the Andean Development Corporation (CAF) and the US firm Motorola today signed a collaboration agreement to promote a model for the support of technological development in the five Andean countries, facilitating the transfer of knowledge and the creation of a framework in the area of Integrated Solutions Systems.
This will stimulate the strategic use of the Integrated Systems technology for Microprocessors in CAF’s shareholder countries, and moreover help to develop local talent. Similarly, it will promote the use of young people’s abilities in the design of new products that not only can be marketed within the region, but perhaps even find a place in the world market of high tech.
CAF’s executive president, Enrique García, indicated that this agreement is framed within the Corporation’s priorities for promoting the competitiveness and productivity of its shareholder countries and, in this sense, stimulates the interaction between the public and private sectors within a context of diversification, efficiency and profitability. In addition, he underscored that “the agreement stands out because it facilitates the transfer of knowledge and technology, with the goal of complementing and strengthening existing technical capacity in the region. The implementation of this agreement will benefit third party institutions, such as universities and other centers of study and research.” This will immediately translate into the improvement of the universities’ infrastructure, the attraction of foreign investment, the transfer of technological knowledge, the generation of intellectual properties, the possibility of exporting locally developed technologies, in addition to the dissemination of knowledge and experience of the regional information and communication technologies.
Motorola, an industrial leader in the area of electronics and communication, has been successful in the application of programs that contribute to the development of technical and competitive abilities. In Venezuela they established a strategic alliance with the Universidad Simón Bolívar through an agreement for technological exchange, whereby they installed a laboratory with Digital DNA™ technology that is based on a nucleus of Motorola’s Digital Signaling Processors (DSP), giving professors and students the ability to develop totally integrated systems in microprocessors.
Throught the programs to be developed, the join work of CAF and Motorola seeks to establish a platform from which new solutions can be launched efficiently into the regional market. The model to be developed together has the following initiatives:
ADN Digital Academy
Regional Center for Excellence
Catalytic Converter
These iniciatives are the working foundation that CAF and Motorola will use to propel the technological development in the region.
November 19, 2024
November 19, 2024
November 19, 2024