Honduras studies implementation of U.S. growth program

By Bufete Mejía & Asociados

On December 19, 2019, Honduras President Juan Orlando Hernández visited Washington DC to discuss the implementation of the América Crece initiative, recently launched by the Government of the United States. Hernández met with senior executives of the Financial Corporation of International Development of the United States (DFC), an independent agency of the U.S. Government that provides financing for private development projects

América Crece or Growth in the Americas is an initiative that seeks to catalyze private sector investment in infrastructure in Latin America and the Caribbean. This whole-of-government approach channels the resources and expertise of many U.S. government agencies in a coordinated effort to help countries attract private sector investment. For example, under América Crece, the United States assists countries to improve their regulatory frameworks and procurement structures to meet the requirements of limited-recourse project financing.

América Crece serves as an umbrella under which all current U.S. energy and other infrastructure initiatives will be advanced. It began in 2018 as an energy infrastructure-focused initiative and since December 2019 has expanded to encompass broader infrastructure needs, including, but not limited to, telecommunications, energy, ports, roads, and airports.