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 agreement strengthens ties between the institutions, which will work to identify and share best practices in project management and 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.
Gina Montiel, the IDB's General Manager for Mexico, the Central American Isthmus and the Dominican Republic, noted that "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."
Fabrizio Feliciani, UNOPS Regional Director for Latin America and the Caribbean, 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."
Established in 1959, 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, and also offers project management and other support services to UN organizations, as well as to international financial institutions, governments, civil society and the private sector.
For more information:
Office of Outreach and Partnerships
Regional Communications Officer
Latin America and the Caribbean Regional Office