Haiti: IDB Planning $17.5 Million Grant for Road, Bridge Reconstruction

By: - November 12th, 2012

Above: flooding in Haiti (MINUSTAH Photo: Logan Abassi)
By the Caribbean Journal staff

The Inter-American Development Bank expects to approve a $17.5 million grant to help Haiti’s government finance the reconstruction of roads and bridges destroyed by Hurricane Sandy.

The grant’s announcement comes after a meeting between Haiti’s government and IDB officials in Port-au-Prince last week.

The assistance will focus on rebuilding transport infrastructure, revitalizing agriculture and reinforcing river banks to mitigate flooding.

Resources from existing IDB projects will also be rerouted to support Haiti’s government in its efforts to help assist rural communities in some of the hardest-hit areas.

Haiti’s government also plans to prioritize public works to reduce erosion and flooding.

The two sides have also agreed on new financing for 2013, with up to $200 million in grants expected.

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