About the TCPT Fund
In November 2021, CABEI and the Government of the Republic of China (Taiwan), through the Ministry of Foreign Affairs (MOFA), signed an administration agreement for the establishment of the Taiwan-CABEI Partnership Trust Fund (TCPT), of US$ 5 million, which will be capitalized in five installments of US$ 1 million per year.
This fund's purpose is to provide resources to support CABEI's objectives to promote economic integration and balanced economic and social development in the Central American region. It will also prepare and implement projects in sectors in which Taiwan may have opportunities to share its knowledge and experience.
The fund can provide technical assistance, training, and advisory services to support its sectors.
It can also facilitate consultancies, travel financing, and other expenses related to the activities and services hired by the CABEI to prepare and implement projects and programs financed by the Bank, following its own regulations.
The fund can generate development plans at a regional level and for the eligible beneficiary countries of the TCPT, including studies, reports, conferences, workshops, seminars, research activities, scientific development, and analytical work. It can also provide assistance for capacities development programs sponsored by the CABEI and prepare and/or implement projects that are beneficial for promoting its mission.
Message from the Executive President of CABEI
"The incredible accompaniment of the Republic of China (Taiwan) to CABEI has been essential.
Since its incorporation, it has allowed the Bank to enter international markets, raise category and rating, and constantly increase its capital. Now, through this type of funds, we can continue supporting the Bank and beneficiary countries" — Gisela Sánchez, Executive President of CABEI.
