In addition to the credit line granted by Oesterreichische Entwicklungsbank AG (OeEB), the Development Bank of Austria, to the Central American Bank for Economic Integration (CABEI), a trust fund at this bank was set up in March 2009.
Aim of project
The overall aim of the Trust Fund, called "Technical Cooperation Special Fund", is to further improve the developmental impact of the credit line for CABEI. The Trust Fund aims to support small and medium-sized enterprises (SME) with the focus on renewable energy in Business Development Services and project development for financings by CABEI.
Energy and environment
Synergies between the credit line and the investment into the Trust Fund will be taken advantage of, as well as with the "Energy and Environment Partnership with Central America (EEP)", a project financed through the Austrian Development Cooperation (ADC).
Allocation of funds
Furthermore, Austrian companies or consultants whose projects comply with the overall intention of the Trust Fund can also be supported by the means of the Fund. These projects may be located in Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica or Panama.
Contact person for further information about the "Technical Cooperation Special Fund"
Central American Bank for Economic Integration (CABEI)
Mr. Madrigal
Tel. + 504 240 2272 ext. 7805
Madrigalr@BCIE.ORG