Caribbean projects to benefit from IDB, UNOPS agreement   Read more: http://www.caribbean360.com/new

The Inter-American Development Bank (IDB) and the United Nations Office for Project Services (UNOPS) have signed an agreement to promote and support Central American and Caribbean public and private sector work in sustainable procurement, infrastructure, and project management.

The IDB says the agreement strengthens ties between the institutions, which will work to identify and share best practices in project management and will assess the implementation of IDB projects in small countries.

“To advance the adoption of best practices and innovative project delivery models, the IDB and UNOPS will coordinate meetings and workshops with public and private sector decision-makers.”

IDB´s General Manager for Mexico, the Central American Isthmus and the Dominican Republic, Gina Montiel said “the synergies between the two institutions will contribute to more efficient and transparent implementation of initiatives and improve the development impact of projects in the region’s smaller and more vulnerable countries”.

UNOPS Regional Director for Latin America and the Caribbean, Fabrizio Feliciani, said that “by bringing together our decades of experience in implementing development projects, this agreement will allow us to make a greater contribution to the promotion and adoption of project management and procurement best practices throughout the region”.

The IDB is the leading source of development financing for Latin America and the Caribbean, with a strong commitment to achieve measurable results, increased integrity, transparency and accountability. Its evolving reform agenda seeks to increase the Bank’s development impact in the region.

UNOPS, an operational arm of the United Nations, is mandated as a central resource for infrastructure and procurement projects in the United Nations system. (CMC)

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Date Posted

June 13 2013