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- Basic Infrastructure Rehabilitation Project
Basic Infrastructure Rehabilitation Project
Haiti
Borrower | Haiti |
Financing Type | Public Sector |
Instrument | Project Loan |
Focus Area | Multisectoral |
Approved | 21.09.2004 |
Signed | 08.09.2005 |
Status | Completed |
Loan Administrator | IADB |
Executing Agency | The Ministry of Economy & Finance |
Co-financiers | IADB, Government |
OPEC Fund Contribution (US$m) | 7.00 |
Total Project Cost (US$m) | 82.70 |
This loan will help set up a Basic Economic infrastructure Facility, with the mandate to provide resources to ministries and agencies to finance the repair of infrastructure in areas with high economic potential. The Facility will support sub-projects ranging from the rehabilitation/ construction of roads, bridges, shipping ports, marketplaces, industrial parks and electrical power infrastructure, to the improvement of water supply, sanitation and sewerage networks and support to rural development schemes.
To ensure the sustainability of the initiative, environmental impact mitigation measures will be carried out, along with management and maintenance plans.