With a ro­bust lend­ing port­fo­lio of US$1.8 bil­lion, T&T has of­fi­cial­ly ce­ment­ed its po­si­tion as a cen­tral pil­lar of CAF – De­vel­op­ment Bank of Latin Amer­i­ca and the Caribbean’s re­gion­al strat­e­gy.

This fig­ure was high­light­ed dur­ing the CLXXXVI­II board of di­rec­tors meet­ing held on March 3, 2026, in Li­ma, Pe­ru, a re­lease from the Min­istry of Fi­nance said.

It not­ed the col­lab­o­ra­tion has re­sult­ed in a di­ver­si­fied lend­ing port­fo­lio and tech­ni­cal grants aimed at na­tion­al re­silience.

These in­clude:

*Ma­jor in­fra­struc­ture: US$150 mil­lion for re­silient roads; US$40 mil­lion for drainage and flood mit­i­ga­tion;

*Dig­i­tal and econ­o­my: US$35 mil­lion for dig­i­tal in­fra­struc­ture; US$35 mil­lion for EX­IM­BANK strength­en­ing;

*Health and en­vi­ron­ment: US$75 Mil­lion for COVID-19 health sup­port; US$10 mil­lion for Oropouche Riv­er Basin cli­mate adap­ta­tion; and

*Strate­gic ex­pan­sion: A new CAF re­gion­al of­fice is set to open in Port-of-Spain in 2027.

As he con­clud­ed his term as chair­man of the board, Fi­nance Min­is­ter Dav­en­dranath Tan­coo at­trib­uted the cur­rent suc­cess to the foun­da­tion­al work of Prime Min­is­ter Kam­la Per­sad-Bisses­sar.

He re­called the his­toric 2012 agree­ment which saw the coun­try sub­scribe to US$323.4 mil­lion in shares, even­tu­al­ly lead­ing to T&T be­com­ing the first Caribbean na­tion to achieve full CAF mem­ber­ship in 2016.

“This re­la­tion­ship, root­ed in vi­sion­ary lead­er­ship and a com­mit­ment to sus­tain­able de­vel­op­ment, has reached new heights, po­si­tion­ing T&T as a cen­tral pil­lar of CAF’s re­gion­al strat­e­gy,” Tan­coo stat­ed.

He em­pha­sised that the part­ner­ship has moved be­yond mere fi­nanc­ing in­to the realm of tech­ni­cal ex­cel­lence, cit­ing on­go­ing projects in green hy­dro­gen pi­lots, elec­tron­ic iden­ti­ty plat­forms, and so­lar en­er­gy tran­si­tions.

The meet­ing al­so saw the re-elec­tion of Ser­gio Di­az-Grana­dos as ex­ec­u­tive pres­i­dent for the 2026 to 2031 term, en­sur­ing con­ti­nu­ity in the bank's mis­sion.

As Tan­coo hand­ed over the chair­man­ship to Uruguay’s Min­is­ter of Econ­o­my and Fi­nance, Gabriel Odd­one, he reaf­firmed the na­tion's com­mit­ment.

CAF – De­vel­op­ment Bank of Latin Amer­i­ca and the Caribbean serves a di­verse client base across 24 mem­ber coun­tries, in­clud­ing 22 in Latin Amer­i­ca and the Caribbean, two in Eu­rope (Spain and Por­tu­gal) and 13 pri­vate re­gion­al banks.