A report by the Inter-American Development Bank (IDB) suggests that although the amount of money invested in infrastructure is very important, the quality of the services that this infrastructure provides is even more so.
By Fabrizio Opertti, IDB Chief of Commerce and Investment.
The Inter-American Development Bank (IDB), through @BIDComercio, has prepared this special document about “How to promote the internationalization of SMEs in Latin America and the Caribbean".
Trade Americas Expo is the premier conference and meeting for small-and-medium sized companies from North America and Latin America and the Caribbean that are interested in learning about the growth opportunities and risks when entering new markets throughout the hemisphere. With 600 million inhabitants and an economy of $4.8 trillion, Latin America and the Caribbean is a fantastic target for SMEs, and Trade Americas Expo was one of the finest places in the world to explore this market.
According to a report by the Inter-American Development Bank (IDB), investment in Latin America and the Caribbean will be led by the public sector, but with a gradual increase in mixed sources, including partnerships with the private sector.
Recent studies show that Latin America and the Caribbean need to increase their investment in infrastructure in order to compete with the rest of the world. Having adequate infrastructure increases productivity levels, lowers production costs, promotes diversification and creates jobs.
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