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OPIC Announces Support For Four CAFTA Countries
Robert Mosbacher, Jr., president and CEO of the Overseas Private Investment Corporation (OPIC), will announce significant new OPIC support for countries in Central America during an October 16-19 trip to the region. OPIC financing will support a minimum of $212 million in new investment for El Salvador, Guatemala, Honduras and Nicaragua. Each of the nations is a signatory to the Central America and the Dominican Republic (CAFTA-DR) free trade agreement.
The trip follows up on Mosbacher’s May 2006 visit to the region, during which the OPIC president announced $120 million in OPIC-supported projects.
Mosbacher will also announce that OPIC will host an international investment conference in El Salvador in March 2007. The conference, to be held in San Salvador, will bring together U.S. and regional companies to identify investment opportunities in Central America and the Caribbean. The conference is modeled after successful OPIC regional conferences in Bucharest in 2004, Marrakesh in 2005, and Cape Town in May 2006. Reda more at opic.gov
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