Fondo Financiero Para el Desarrollo de la Cuenca del Plata


Fondo Financiero Para el Desarrollo de la Cuenca del Plata : FONPLATA (English: Plata Basin Financial Development Fund) finances prefeasibility and feasiblity studies, engineering designs, and projects in its member countries (Argentina, Bolivia, Brazil, Paraguay, and Uruguay). The Fund encourages cofinancing with international development institutions to increase project impact. Loan financing is available for infrastructure, industrial, livestock education, and health projects. FONPLATA was established in 1976; headquarters are in Sucre, Bolivia. The Fund is an outgrowth of the April 1969 Plata Basin Treaty (entered into force, August 1970) which sought to coordinate development of the region, including navigation, control of acquatic resources, and use of natural resources
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