Among the different implications of this agreement, it is fundamentally noteworthy the contribution of non-reimbursable technical assistance by the World Bank Group, which will allow the province to have advice from international experts without cost, in topics such as transportation and health services infrastructure.
In addition, it will involve the incorporation of the province into a network of knowledge, experiences and global projects that have already allowed to solve complex regional and urban problems in different parts of the world.
Along these lines, the IFC will incorporate different experiences from Santa Fe to the network that will serve as a reference or help to solve specific problems in other regions of the world.
Saglione remarked, "The province sees IFC as a long-term strategic partner and values its international experience; the technical consultancy support, coupled with sub-national financing, form a comprehensive package of support that is very attractive to Santa Fe.”
The agreement supplements Santa Fe's relationship with that agency, attentive to the financing that is managed for 300 million of dollars for street pavement works in municipalities and communes of the province.
Those who participated in the activity were: the Vice-president of IFC in Latin America and the Caribbean, Europe and central Asia, Georgina Baker; and the director of the IFC for Latin America and the Caribbean and Director of Infrastructure in this region, Gabriel Goldschmidt.
ABOUT THE IFC
A member of the World Bank Group, it is the largest global development institution focused on the private sector in emerging markets. Working with more than 2000 companies around the world, it uses its own capital, experience and influence to create markets and opportunities in the most difficult areas of the world. In the fiscal year 2016, it delivered a record of $19 billion in long-term financing for developing countries, leveraging the power of the private sector to help end poverty and drive inclusive prosperity.
