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The OPEC Fund
for International
Development
  1. Operations
  2. Southside Poverty Alleviation Project

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Southside Poverty Alleviation Project

Belize

Borrower Belize
Financing Type Public Sector
Instrument Project Loan
Focus Area Multisectoral
Approved 20.12.2005
Signed 21.03.2006
Status Completed
Loan Administrator OPEC Fund
Executing Agency Ministry of National Development
Co-financiers Government
OPEC Fund Contribution (US$m) 6.00
Total Project Cost (US$m) 8.00

Belize City comprises the divisions of Lake Independence, Collet and Port Loyola, where poverty high owing to the poor condition of infrastructure. The project will carry out a wide range of works, which will include:

  • dredging of primary drainage canals and construction of new ones;
  • construction of a network of secondary and tertiary drains;
  • installation of a micro-sewage disposal system, together with a pipe network for future expansion in Port Loyola;
  • elevation of public areas to protect against flooding;
  • upgrading of roads;
  • provision of concessional loans to low-income families for building new homes;
  • establishment of a textbook rental scheme and school meals program; and
  • creation of a a labor market integration program for young entrepreneurs.

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