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IDB Invest and JICA announce fund to boost private investment

02/18/2025 Since 1 month

IDB Invest and the Japan International Cooperation Agency (JICA) have announced the creation of the JICA Trust Fund Achieving Development of Latin America and the Caribbean (TADAC), with a 1 billion dollars contribution from JICA.

The purpose of the TADAC Fund will be to catalyze greater private investment by co-financing projects that drive sustainable growth. The Fund has the potential to expand to 1.5 billion dollars after three years.

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