IDB Launches Regional Network to Attract More Foreign Direct Investment to Latin America and the Caribbean
Panama, Oct. 20 -- The Inter-American Development Bank (IDB) today launched the Latin America and the Caribbean Investment Promotion and Facilitation Network, a new platform aimed at facilitating the exchange of information and experiences among countries and strengthening cooperation and promotion efforts to attract more foreign investment to the region.The Network will bring together government entities responsible for investment facilitation and promotion in the region's countries.The initiative responds to growing demand among IDB member countries seeking to promote foreign investment, a key driver of growth, to advance development. Every dollar invested in investment promotion can generate up to an additional US$56 in foreign direct in...
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