Includes how major projects are financed and gives examples where relevant. Explains activities of the multilateral development banks in and other aid-funded projects where procurement is open to U.S. bidders.
Last Published: 7/8/2019

Public large-scale projects are usually financed through the multilateral and regional development banks.  Depending on the sector, other large-scvale projects are financed through other public or private sources.  
 

Multilateral Development Banks

Barbados is a borrower from the World Bank and the Inter-American Development Bank.  The Commercial Service maintains Commercial Liaison Offices in each of the main multilateral development banks, including the World Bank.  These institutions lend billions of dollars in developing countries on projects aimed at accelerating economic growth and social development by reducing poverty and inequality, improving health and education, and advancing infrastructure development.  The Commercial Liaison Offices help American businesses learn how to get involved in bank-funded projects, and advocate on behalf of American bidders.  Learn more by contacting the Commercial Liaison Office to the World Bank (http://export.gov/worldbank/ ) and the Inter-American Development Bank (http://export.gov/idb/).

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