The Inter-American Development Bank (IDB) has approved two financing packages worth a total of US$ 130 million in support of a program to modernize the Argentine-Uruguayan bi-national hydroelectric power plant in Salto Grande and a program to boost the competitiveness of the productive and tourism sectors of that region, made up of the departments of Concordia and Federacion in the Argentine province of Entre Ríos and Salto department in Uruguay.