April 25, 2018 |
Fondo Financiero para el Desarollo de la Cuenca del Plata (Fonplata) is in talks with fellow development agencies such as France's AFD and the IDB for more than $120m in loan contracts this year.
"This year we will be closing contracts for over $120m," Fonplata CEO Juan Notaro told LatinFinance.
The development bank has roughly $400m of projects in its pipeline for this year, comprising initiatives in road infrastructure, sanitation projects, rural electricity and bridges, Notaro added.
In a bid
Bolivian-based development bank aims to close more than $120m in debt contracts in 2018, CEO says