
Trinidad and Tobago is the New Chair of CAF’s Board
March 28, 2025
The increasing demand of Latin American inhabitants for quality mobilization is an opportunity to attract investments from governments and companies throughout the world.
November 01, 2013
The IDeAL 2012 document points out that increasing demand and the need to compete in a world that has become more and more integrated, has forced governments in Latin America and the private sector to make efforts to expand the coverage and quality of their transportation systems. At the same time, the region continues to observe high urbanization rates and an increasing demand from its inhabitants and companies for better quality transportation.
This requirement does not only offer an opportunity to improve the quality of life of Latin American citizens, but also attracts investments from governments and other parts of the world to the region.
Under these circumstances, the transportation infrastructure was one of the areas addressed by the presidents in the Summit of the Americas which took place in Cartagena de Indias, in 2012. During the meeting, the regional chiefs of State agreed on a first mandate called "the commitment to integrate the physical infrastructure of the Americas", in which seven aspects were developed, of which the first four are directly related to the transportation system:
The importance of having compatible and harmonious institutional norms to facilitate investment in regional infrastructure
March 28, 2025
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March 21, 2025