IDB to fund studies on road to Brazil, deep-water harbour
The Inter-American Deve-lopment Bank (IDB) has approved funding for studies required to prepare a road link to Brazil and a deep-water port project that could eventually be financed through a public/private partnership.
The US$1.5 million technical cooperation (TC) will cover the necessary market, engineering, environmental, social and financial studies required to prepare the road link and deep-water port project for eventual financing through a public/private partnership, according to the IDB.
The paving of the Linden to Lethem road has long been talked about but has been slow off the mark. At the commissioning of the Takutu Bridge in September 2010, then Brazilian President Luiz Inacio Lula da Silva had pledged his country’s commitment towards advancing and expanding its bilateral agenda with the country, with an immediate focus on …..To continue reading, login or subscribe now.