The Caribbean Development Bank has entered into an alliance with six international financial institutions and private sector interests to mobilise greater private investment in infrastructure projects and increase its access to technical expertise.
The CDB says it has joined the Global Infrastructure Facility (GIF) as a technical partner.
The GIF is designed to support infrastructure development in emerging markets and developing economies by encouraging private investment.
As a technical partner, the CDB is responsible for the identification and implementation of projects in collaboration with its member countries.
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