CAF strengthens tourism in Latin America and the Caribbean

24-01-25

CAF -development bank of Latin America- has announced the creation of a Tourism Directorate, based in Santo Domingo, Dominican Republic. This initiative aims to support member countries, governments and entrepreneurs in harnessing their tourism potential, emphasizing environmental, social, cultural and economic sustainability, as well as innovation, regeneration and inclusion. 

CAF's executive president, Sergio Díaz-Granados, highlighted the growth potential of the sector and the synergies that can be promoted: “This new Directorate means not only a further strengthening of relations between the institution and the Dominican Republic, but also a new contribution to the sustainable development and integration of our partners through tourism and the promotion of a dynamic agenda of work with the public and private sectors throughout Latin America and the Caribbean to contribute to such an important engine for the generation of employment and foreign exchange and the welfare of our peoples”.