was founded in the early 1960s the nations of Central America were the only members.
The Las Pailas plant demonstrates the trust that ICE and BCIE
have in Ormat and its Binary Technology".
During its first meeting, the group decided it would successively call 17 witnesses, including Rodrigo and Oscar Arias, Contralora General Rocio Aguilar, Procuradora General Ana Lorena Brenes, and former BCIE
director for Costa Rica Rodolfo Ortuno.
The award of these contracts demonstrates the trust that BCIE
and ICE have in our ability to contribute experience and knowledge to the development of this new geothermal field, and we look forward to delivering a high performing power plant on schedule and once again work with ICE's geothermal team.
Also included in the caveats of the BCIE
report is a warning on the US economy upon which the region is so dependent.
During the single-day conference, the BCIE
announced it would increase its PPP participation.
The construction of the 65 MW dam, started in 2008 with an estimated investment of $219 million, of which $163 milion came from a loan from the BCIE
A loan from the Central American Bank for Economic Integration is for Improvement of the Highway Network of the Northern Zone of El Salvador (Prestamo BCIE
The agreement also committed the countries to facilitate Spain's integration as an "extra regional associate" in the BCIE
, and to install a Central American tourism-promotion agency in Spain.