IDB Inaugurates New Office in Guatemala and Reaffirms its Commitment to the Country

The IDB President and Minister of Finance inaugurated new IDB offices at the vanguard of sustainability.

by Astrid Luna
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Guatemala City, by Brenda Larios -AGN-. The president of the Inter-American Development Bank -IDB-, Ilan Goldfajn, inaugurated the offices of the IDB representation in Guatemala this Monday. The Minister of Finance, Jonathan Menkos, attended the ceremony.

Through an official statement, the Ministry of Finance stated, “The new space reflects the strengthening of the IDB’s work with the country and aims to become a meeting place for collaborative initiatives, financial support, and innovative projects.”

The inauguration occurred during the 37th Annual Meeting of Governors of the Central American Isthmus and the Dominican Republic, held in Antigua Guatemala.

Commitment

During the inauguration ceremony, IDB President Goldfajn reiterated his support for the country: “From the IDB, we are pleased to provide this new space, at the vanguard of sustainability and energy efficiency issues, to all our clients and partners in the public and private sector in Guatemala.”

Minister Menkos said, “We congratulate the IDB on the inauguration of its new facilities and reaffirm our commitment to continue collaborating closely on initiatives that contribute to Guatemala’s development.”

He also thanked the IDB for its support, as it has been beneficial in strengthening the country’s capacity. It also enhances the country’s capacity to face social, economic, and environmental challenges. It also marks a significant landmark in building a better future for Guatemalans. The new offices are located in Zone 15 of Guatemala City.

Expectation

The minister pointed out that they are in the process of obtaining LEED and EDGE certifications for sustainability, energy efficiency, and waste management, and WELL and Fitwel certifications, which focus on guaranteeing the well-being of users and include aspects such as ergonomics, lighting, and ventilation, among others.

According to Minister Menkos, “In the interior spaces, Guatemalan identity is captured through art in murals and photographs and the names of the rooms related to volcanoes and lakes in the country.”

The IDB Group has been present in Guatemala for more than 60 years through its three offices:

  • The IDB, developing projects with the public sector.
  • Innovation Lab.
  • IDB Invest, the private division of the institution.

The IDB Group currently has a broad agenda of sustainable development projects in education, health, agricultural productivity, water and sanitation, climate change, modernization of the State, and productive infrastructure.

About the IDB

The mission of the Inter-American Development Bank is to improve lives. Founded in 1959, the IDB is a leading source of long-term financing for economic, social, and institutional development in Latin America and the Caribbean.

The IDB carries out cutting-edge research projects and provides policy advice, technical assistance, and training to public and private clients throughout the region.

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