The “Developing Sustainable Industrial Parks in Latin American and Caribbean countries” initiative, supported by the UNIDO LAC Trust Fund, is in line with the commitments and strategies of the eight participating countries (Argentina, Bolivia, Chile, Costa Rica, El Salvador, Guatemala, Peru, Panama and Paraguay) to strengthen cooperation and potential synergies for promoting social development and sustainable industrial growth, minimizing negative impacts on the environment. As part of the project activities, the eight participating countries evaluated their national circumstances and identified gaps preventing the development of sustainable industrial parks. National committees have also been established or existing formal mechanisms have been strengthened to coordinate the designated government bodies, industry and technical service providers in the field.