October 16, 2020
WASHINGTON – A U.S. government delegation led by U.S. International Development Finance Corporation (DFC) Chief Executive Officer Adam Boehler visited the Dominican Republic, Suriname, Guyana, Jamaica and Haiti, from October 13 through October 15 to advance growth, private sector investment, and economic security.
Boehler was joined by U.S. Department of Treasury Assistant Secretary for International Markets Mitchell A. Silk and other senior officials from the Department of State, Department of Homeland Security, U.S. Export Import Bank, and National Security Council.
Boehler joined President Luis Abinader in the Dominican Republic to sign a MOU between the two countries seeking to collaborate to mobilize investments in tourism, energy, and other infrastructure projects that will strengthen key industries, create jobs, and bolster the local economy.
The MOU advances the América Crece program, a whole of U.S. Government initiative to promote growth throughout Latin America and the Caribbean by mobilizing investments in energy and infrastructure.
CEO Adam Boehler, Ambassador Robin Bernstein and the rest of the delegation met with representatives of the Dominican government to discuss the strategy for the implementation of the Growth in the Americas program in the country. Subsequently, the delegation met with members of the American Chamber of Commerce (AMCHAMDR) on how the Growth in the Americas initiative can collaborate with U.S. companies interested in investing in the Dominican Republic.
In Suriname, Boehler met with President Chandrikapersad Santokhi to discuss opportunities to utilize DFC tools to support economic growth and COVID-19 recovery in the country.
While in Guyana, the delegation held meetings with local business leaders to discuss next steps on a recently signed América Crece: Growth in the Americas Memorandum of Understanding (MOU) between the U.S. and Guyana.
In Jamaica, the delegation met with Prime Minister Andrew Holness highlighting investment opportunities in the telecommunications, water, and energy sectors and economic security in the region.
The delegation also joined Haiti private sector representatives to discuss means to support poverty reduction and economic growth through sustainable development.
DFC’s current portfolio in the Caribbean includes more than $489 million invested across projects ranging from small business lending, power generation, agriculture, and low-income mortgage lending.
U.S. International Development Finance Corporation (DFC) is America’s development bank. DFC partners with the private sector to finance solutions to the most critical challenges facing the developing world today. We invest across sectors including energy, healthcare, critical infrastructure, and technology. DFC also provides financing for small businesses and women entrepreneurs in order to create jobs in emerging markets. DFC investments adhere to high standards and respect the environment, human rights, and worker rights.