UN regional commission announces $45bn investment in Central America

On 17 September, in Mexico City, the day before the VI Summit of the Community of Latin American and Caribbean States (CELAC) took place in the same locale, the Economic Commission for Latin America and the Caribbean (ECLAC), which is one of the five regional commissions of the United Nations, announced its Comprehensive Development Plan for Central America to “address the structural causes of irregular migration.” Accordingly, the Plan will focus its efforts on the Northern Triangle (El Salvador, Guatemala, and Honduras) and the parts of Mexico that border it. The Plan, which is to be funded and implemented by 20 United Nations entities, intends to invest $45bn over a five-year period in 114 projects, over half of which will be infrastructural and a majority of which will likely require private sector participation. Ask the Caribbean Council how your business can join this initiative.

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