IN SUMMARY
The manufacturing industry is a driver of development in Latin America and the Caribbean (LAC).
Industry is an important source of employment and economic development. The manufacturing sector provides more than 10% of the jobs in (LAC). Argentina, Brazil, and Mexico manufacture most of the products made in the region. Other LAC countries still have a long way to go to achieve the level of productivity, efficiency, and innovation needed to boost the sector's development in the medium and long term.
CHALLENGES
AND
OPPORTUNITIES
To develop the manufacturing industry in Latin America and the Caribbean (LAC), we must acknowledge that today's scenario has changed and will continue to change in the future.
The global context has evolved, challenging the region not only because of technological advances that have increased productivity in other countries, but also because of new globalization patterns and the decelerating pace of trade which has been ongoing since the financial crisis of 2008.
The region's manufacturing sector must rely on more than the low cost of labor, a usual factor for competition with other countries, as many industries are already favoring factories with higher technology in their own countries. The productivity of LAC companies is of vital importance to be able to compete in the future.
OUR STRATEGY
We promote productivity gains and improvements in the efficiency of production processes and facilitate innovation and digital transformation.
We strive to help our clients grow and compete as well as create jobs throughout the value chain, becoming a strategic partner to increase their competitiveness. We offer a wide range of financial solutions and advisory services adapted to the needs of our clients.
OUR COMMITMENT
IDB Invest seeks investments that generate financial returns and have a positive impact on development, creating jobs, helping disadvantaged sectors, and contributing to environmental sustainability.
We are committed to the economic and social development of Latin America and the Caribbean. Our extensive experience and strong local presence give us a competitive advantage when it comes to understanding the circumstances, challenges, and opportunities of each country, as well as for designing financial solutions that adapt to the specific needs of our clients.
We not only ensure the financial viability of each project but also the long-term social and economic impact. We consider environmental and social aspects, gender equality, climate change, and corporate governance.
Meet the Expert
