Andean Countries
The Andean region is rich in natural resources and has a considerable economic potential. Bolivia, Colombia, Ecuador and Peru are members of CAN, the Andean Community of Nations, America's third largest integration region after Nafta and Mercosur.
Office Director Dr. Jörg Seyfart (left) and his team in Lima.
Already since the mid-1980s, DEG has been active in this region and has so far provided approximately 450 million euros for more than 95 investment projects. The current portfolio is over 190 million euros. Investments in the areas of manufacturing industries, in the finance sector - especially refinancings for the SME business and housing financing - and agriculture have been co-financed. Another emphasis is on infrastructure financings, for example for energy supply with a focus on the use of renewable energies.
In order to warrant continuous contact for its clients in this multifaceted region, DEG established a regional office in Lima in autumn 2007 which, besides São Paulo and Mexico City, is now the third DEG representation in Latin America.
