OPEC FUND-IDB Technical Assistance Facility

implementation

The General Development Objective of the proposed Facility is to increase access to infrastructure in LAC countries by fostering the preparation and execution of high-quality infrastructure projects in countries of common interest to the IDB and the OPEC Fund. The Specific Development Objectives are: (i) to generate a robust pipeline of investment and policy-based loan operations that can be subsequently cofinanced by both institutions, thereby supporting the expansion and consolidation of a joint loan portfolio; and (ii) to enhance the efficiency and quality of infrastructure project execution by strengthening institutional and technical capacities in beneficiary countries.