Date: Thursday 12th March at 4pm UK time.
The event will take place online.
We are delighted to invite you to a Roundtable meeting with the World Bank on Thursday 12th March at 4pm UK time. The event will take place online.
The World Bank has a $3.3 billion active portfolio across 73 active projects in 11 countries in the Caribbean. Their financing and activity prioritises three pillars:
- Creating One Economic Space drives regional integration by improving connectivity through harmonized customs regulations and robust digital infrastructure. This approach boosts high-value tourism through experiences better integrated with local economies, leveraging regional networks to diversify into renewable energy and digital services. Strategic partnerships enable pooled procurement and large-scale infrastructure investments through public-private partnerships.
- Strengthening Cross-Cutting Resilience focuses on disaster preparedness through enhanced building codes and sustainable coastal management. Investments in resilient infrastructure prioritize retrofitting critical facilities like hospitals and schools to withstand hurricanes and earthquakes. Improved disaster risk financing includes fiscal buffers, regional risk transfer instruments, and comprehensive insurance strategies.
- Enhancing Human Capital Development tackles education quality disparities while strengthening health systems for pandemic preparedness and universal health coverage. Enhanced social protection systems improve adaptive shock responsiveness and targeting, while regional training programs address skills gaps in sectors like technology and green energy.
The focus of the presentation and the event will be in opportunities around the region in Infrastructure and Energy. However, there will be opportunity of course to discuss any other projects or sectors of interest.
The World Bank has made some changes to its procurement procedures in recent months to streamline the process, and they will also update members about the changes and improvements that have been made.
Our meeting will be with:
- Maria Camila Padilla, Procurement Coordinator for the Caribbean and Focal Point for private sector for LAC procurement
- Marina Molina Herreros, Private Sector Engagement in Europe
The Roundtable will include:
- Short introduction to World Bank, and the WB Procurement and Procurement Change Program
- Snapshot of upcoming opportunities by sectors and regions
- Detailed information of upcoming business opportunities in specific sector and region
- “How to” find business opportunities within the WB ecosystem
We very much hope you will be able to join us for this Roundtable. To register, please check your emails for the link or contact the team on team@caribbean-council.org