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COFINA-DFC

Sector: Manufacturing (Industrial) • Location: Panama

Source: World Bank Group

Project
Closed

The Development Banking Project will assist the Government in its efforts to stimulate the recovery of private investment and to promote the role of the financial sector in the development of the country. The project would finance the estimated foreign exchange component of subloans and equity investments for the acquisition of fixed assets and permanent working capital by productive private and p

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Project Information

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The project “COFINA-DFC” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Panama. Taiyo aggregates data on it from World Bank Group.

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Participants

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Status

Original status

closed

Taiyo status

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Contact

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Email

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Description

Description

The Development Banking Project will assist the Government in its efforts to stimulate the recovery of private investment and to promote the role of the financial sector in the development of the country. The project would finance the estimated foreign exchange component of subloans and equity investments for the acquisition of fixed assets and permanent working capital by productive private and public sector enterprises in the manufacturing, service and tourism sectors. COFINA would be permitted to related to the Government up to US$1 million to support a small-scale industry lending program after the Bank has reviewed and satisfied itself on the scope of the program and the nature of the on-lending arrangements. In addition, the project would provide financing for a training program for COFINA's staff.

Original sub-sector

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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