|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Caribbean

IDB Grants $25 Million Loan to Barbados for 2 Highway Projects

SAN JUAN – The Inter-American Development Bank, or IDB, has approved a $25 million loan to Barbados to rebuild sections of two major highways and lower transportation costs, an IDB spokesperson told EFE on Monday in a telephone interview.

The funds will be used to improve approximately 31 kilometers (19 miles) of key segments of Barbados’s primary road network, including the ABC Highway and the Charles Duncan O’Neal Highway, connecting tourist, industrial and business areas with Bridgetown’s port and Grantley Adams International Airport.

The project will include drainage, construction of sidewalks, overhauling of associated bridges and culverts, and the addition of safety features.

“It is expected that this project will contribute to sustainable growth in the Barbadian economy through interventions to rationalize and improve public sector efficiency and by supporting private sector participation and development through greater involvement in the transport sector,” the IDB said in a statement.

For the past 15 years, the number of motor vehicles on the road in Barbados has increased, affecting the flow of traffic and causing growing concerns in the tourism industry.

Barbados, located in the eastern Caribbean, has a population of about 300,000.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2019 © All rights reserved