FONPLATA and the Inter-American Development Bank (IDB) are preparing the second phase of the Conditional Credit Line for Investment Projects (CCLIP). Signed in 2022, the CCLIP aims to advance sustainable infrastructure and border-area interventions to foster regional integration, urban and rural development, and greater complementarity between the two institutions.

During an analysis mission in April at FONPLATA’s headquarters in Santa Cruz de la Sierra, teams from both organizations began designing and preparing Phase II of the credit line. The upcoming phase is expected to remain true to the CCLIP’s original purpose, while broadening the scope of eligible projects, aligning with the pillars of the South Connection Program, and updating planned actions to strengthen FONPLATA in line with its current strategic vision.

Participants reviewed lessons learned from Phase I and examined fiduciary, financial, and legal matters, as well as progress made in integrating cross-cutting components related to gender, diversity and inclusion, climate resilience, monitoring and evaluation, and development contributions. A tentative pipeline of operations for Phase II was also presented.

Under CCLIP Phase I, FONPLATA financed several projects in member countries: the renovation and construction of border complexes and the strengthening of public safety services in Argentina; the renovation and construction of highways in Bolivia; and the construction of urban and socio-environmental infrastructure in the cities of Ponta Porã and Itajaí in Brazil.

The meeting was led by Eliana Dam, Vice President of Operations and Countries, and brought together more than 35 staff members from both organizations, including technical teams from the VPO’s Operational Services, Strategic Alliances, GTA, Financial Programming, and Development Effectiveness units.

The IDB highlighted the excellent execution of Phase I, which was fully disbursed ahead of schedule, while FONPLATA emphasized IDB’s support for the Bank’s institutional strengthening and the opportunities for cooperation and complementarity between the two institutions.

04/16/2026