IDB - Inter-American Development Bank

05/10/2022 | Press release | Distributed by Public on 05/11/2022 08:05

IDB, BNDES, Banobras and ALIDE Launch Latin-American Hub with Infrastructure Projects

Unified portal presents concession and public-private partnership projects in the region to investors.

The Inter-American Development Bank (IDB), together with the Brazilian Development Bank (BNDES), the National Works and Public Services Bank S.N.C. of Mexico (Banobras) and ALIDE (Latin American Association of Development Financing Institutions) today launched the Latam Projects Hub. The new platform offers investors a unified view of investment opportunities in concessions and public-private partnerships in Latin America, including strategic information on the projects.

The idea is to capitalize on BNDES' portfolio of infrastructure and privatization projects -the world's largest of its kind, according to a ranking by consulting firm Infralogic - and the Banobras-sponsored Mexico Projects Hub as a starting point for the new regional portal, which will be expanded to other countries in the region with the IDB and hub manager ALIDE's support.

"Latin America and the Caribbean is full of opportunities for investors, and the platform aims to provide the adequate visibility. Our goal is allowing the investor to identify synergies or to escalate their investments, enabling the region to advance towards the infrastructure its citizens ask for - and deserve. This is the essence of our guide for the region's sustainable recovery, our Vision 2025", says IDB Representative in Brazil, Morgan Doyle.

The information available will grant projects more visibility and a regional portfolio outlook for investors, helping them prepare in a timely fashion to participate in bidding processes. It will also allow Financial Institutions to follow the regional infrastructure market and seek to have a multi-market performance.

The portal allows users to filter projects by country, sector, project type, and status. By clicking on a project of interest, users will also access a project file with relevant information.

The project files connect the platform to the BNDES Projects Hub and the Mexico Projects Hub. Future partners in the platform will operate under this same scheme.

"Having Brazilian assets positioned alongside other assets in the region is strategic, because it allows investors to see synergies in multinational operations. We are in a global competition where information and transparency are two essential assets for attracting capital," said BNDES president Gustavo Montezano.

Along with its projected expansion to other countries, the new platform will have information on the financial, institutional, social, environmental, and climate sustainability of infrastructure projects, with methodological support from the IDB.

"A regional platform will allow infrastructure funds and operators around the world to identify investment opportunities. This is unprecedented and will facilitate attracting investors to the region, gaining access to markets that are currently unaware of these opportunities," said BNDES vice president of concessions and privatizations, Fábio Abrahão.

IDB representative in Brazil, Morgan Doyle, highlighted the new platform's importance to the region and to the IDB-BNDES partnership. "The BNDES is a key partner for the IDB. Through the platform, among other joint initiatives, we will enable large, sustainable investments that will contribute to the recovery of our economies. This is our guide for the region's sustainable recovery, our Vision 2025," he said.

To access the platform, visit www.latamprojectshub.org.

The Latam Projects Hub is the result of an IDB Technical Cooperation, with resources from the International Climate Initiative (IKI).

About the IDB

The mission of the Inter-American Development Bank is to improve lives. Created in 1959, the IDB is one of the main sources of long-term financing for economic, social, and institutional development in Latin America and the Caribbean. The IDB also conducts cutting-edge research projects and provides policy advice, technical assistance, and training to public and private clients throughout the region.

About the BNDES

Founded in 1952 and currently associated with the Ministry of Economy, the Brazilian Development Bank (BNDES) is the federal government's main instrument to promote long-term investments in the Brazilian economy. Its actions are focused on the socio-environmental and economic impact in Brazil. The bank offers special conditions for micro-, small, and medium-sized enterprises, in addition to social investment lines for education, health, family agriculture, basic sanitation, and urban transportation. During crisis scenarios, the bank acts in an anti-cyclical manner and assists in the formulation of solutions to resume economic growth.

In November 2020, the BNDES launched the Projects Hub, a platform to promote the infrastructure projects, concessions, PPPs, and privatizations that the bank is currently structuring. The BNDES Projects Hub's goal is to make said projects more visible to investors so they are better prepared to participate in bidding processes.

About Banobras

The National Bank of Public Works and Services of Mexico (Banobras) facilitates the development of infrastructure with high social profitability in Mexico through various financing schemes, with a long-term vision and seeking to enhance the participation of the private sector, being the most important development bank in the country.

Five years after its launch, Proyectos México has been an initiative of the Government of Mexico promoted by the SHCP and operated by BANOBRAS. It concentrates, manages and publishes on a web page long-term infrastructure investment projects that require the participation of the private sector. This tool aims to reduce the gap between private financing and strategic projects for Mexico and offers information to facilitate the evaluation and decision-making for project financing, based on sustainability criteria.

About ALIDE

ALIDE is an organization of financial institutions that generates banking solutions for development in Latin America and the Caribbean. Founded in 1968, its main goal is to contribute to the region's economic and social development through the good development financing practices that it promotes among its members. It is comprised of nearly 90 member institutions operating in over 20 countries in Latin America and other regions.