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- Agricultural and Feeder Roads Project
Agricultural and Feeder Roads Project
Saint Vincent
| Borrower | Saint Vincent |
| Financing Type | Public Sector |
| Instrument | Blend Facility |
| Focus Area | Transportation |
| Approved | 20.09.2016 |
| Signed | 23.05.2017 |
| Status | Ongoing |
| Loan Administrator | OPEC Fund |
| Executing Agency | MOW |
| Co-financiers | KFAED, Government |
| OPEC Fund Contribution (US$m) | 18.52 |
| Total Project Cost (US$m) | 36.16 |
To rehabilitate 25 sections of road on the main island of Saint Vincent, totaling around 43km, with a view to improving trade, boosting tourism and enhancing socioeconomic development. The cost of marketing and transporting produce is expected to lower, thus raising farmers’ incomes and encouraging the production of higher-value fruit and vegetables. In all, over 66,000 people are expected to benefit from the project.