CAF-AM and the Government of Paraguay explore opportunities for infrastructure financing

At the International Economic Forum Latin America and the Caribbean 2025: How to return to the path of growth, organized by CAF, Development Bank of Latin America and the Caribbean, in Panama City, a high-level meeting was held between representatives of the Government of Paraguay and CAF and CAF-AM authorities.

The meeting was chaired by the president of Paraguay, Santiago Peña, and the executive president of CAF, Sergio Díaz-Granados, with the objective of analyzing financing opportunities for infrastructure in the country through CAF Asset Management (CAF-AM).

During the meeting, Alberto Ñecco, general manager of CAF-AM, presented the successful experience in the creation and development of Debt Funds for Infrastructure, implemented in Uruguay and Colombia, and expressed interest in replicating these models in Paraguay. He stressed that the country is a priority within CAF-AM's Deployment Plan, thanks to its macroeconomic stability and the need to close the infrastructure gap, whose required investment is estimated at USD 24 billion, equivalent to 55% of GDP in 2024.

In this context, the CAF-AM Funds represent an efficient alternative to mobilize private investment and finance long-term infrastructure projects. President Santiago Peña highlighted the importance of this collaboration, highlighting the creation of the First Private Investment Fund for Public Infrastructure - CAF-AM, an innovative model to promote key works, generate employment and foster economic growth.

Authorities present

For the Government of Paraguay:

• Santiago Peña Palacios, President of the Republic.
• Javier Giménez, Minister of Industry and Commerce (MIC)
• Rubén Ramírez Lezcano, Minister of Foreign Relations
• Gustavo Villate, Minister of Information and Communication Technologies (MITIC)
• Mauricio Bejarano, Vice-Minister of Mines and Energy (MOPC)
• Emiliano Fernández, Vice Minister of Transportation (MOPC)
• Marco Riquelme, Vice Minister of Industry (MIC)
• Roberto Moreno, Legal Advisor to the Presidency (MOPC)
• Félix Sosa, President of the National Electricity Administration (ANDE)
• Stella Guillén, President of the Development Finance Agency (AFD)
• Enrique Duarte, President of the Paraguayan Industrial Union (UIP)

For CAF:

• Sergio Díaz-Granados, Executive President
• Jorge Srur, Southern Regional Manager
• Antonio Silveira, Vice President of the Private Sector
• Lea Giménez, Advisor to the Executive President
• Claudia Flores, Investment and Financial Development Manager
• Fernando Cubillos, Manager of Productive Sectors and New Businesses
• Hernán Benítez, Senior Executive in Paraguay.

For CAF-AM:

• Alberto Ñecco, General Manager (keynote speaker)
• Andrea Chagra, Leader in Structuring and New Businesses

This meeting reinforces CAF and CAF-AM's commitment to infrastructure development in Paraguay, promoting strategic investments that enhance the country's growth and competitiveness.