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- Simon Bolivar Experimental Institute of Technology and Agriculture
Simon Bolivar Experimental Institute of Technology and Agriculture
| Financing Type | Grants |
| Category | Technical Assistance |
| Focus Area | Agriculture |
| Approved | 06.12.1989 |
| Signed | 12.12.1989 |
| Loan Administrator | OPEC Fund for International Development |
| Executing Agency | Simon Bolivar Experimental University |
| Co-financiers | OPEC Fund, European Econ. Community, Corpoven, Gran Mariscal de Ayacucho Foundation, Cavendes Foundation (Venezuelan Company for Development), Bigott Foundation, Government of Canada, Government of Switzerland, Pro. Clubes 5V Association, Government of U.K., Vollmar Foundation, Ex-Alumni Association of Engineering Dept. at the Central Univ. of Venezuela, Scholarships, Farm Income |
| Organization | FUNDACEA |
| OPEC Fund Contribution (US$m) | 0.10 |
| Total Project Cost (USDm) | 1.38 |
The grant was extended to support the Simon Bolivar Institute as an Experimental Agricultural College for training students in Latin America and the Caribbean, located in Estado Barinas, Venezuela. The Institute aimed at purchasing machinery and equipment for the Ticopora Farm to provide first hand training for its students. The equipment was used for reforestation, construction of a water supply system on the farm, building in-farm roads, and expanding the sowing area, as well as establishing a lending program to assist neighbouring farmers to develop their farms.