Over the past years, countries in the Latin America and Caribbean (LAC) region have demonstrated steady economic growth as a result of an increasing number of trade and investment opportunities. This has translated into increased employment and improved living standards, but there still remain pockets of poverty throughout the region.
The programme is in charge of promoting industrial development in the region. UNIDO acts as a catalyst, helping to generate national economic wealth and raise industrial capacity through its role as a global forum for industrial development, and as a provider of technical cooperation services.
Accordingly to its core functions and services, UNIDO harnesses governments and private sectors to foster competitive industrial production, develop international industrial partnerships and promote socially equitable and environmentally friendly industrial production.
The objective of the programme is to optimize the technical cooperation delivered to countries of the LAC region, through consensual identification, formulation, implementation and follow-up of technical cooperation activities, including resource mobilization.