The Inter-American Development Bank (IDB) says it is providing US$50 million grant to help Haiti improve the efficiency and safety of its road transportation system and advance regional integration.
The Washington-based financial institution said the overall objective of the programme is to make road transport in Haiti more efficient in order to foster economic activity, while facilitating regional and international integration and economic development. Specific objectives of the project include the reha
The 5982 Inter-American Development Bank (IDB) says it is providing US$50 million grant to help Haiti improve the efficiency and safety of its road transportation system and advance regional integration.
The Washington-based financial institution said the overall objective of the programme is to make road transport in Haiti more efficient in order to foster economic activity, while facilitating regional and international integration and economic development. Specific objectives of the project include the rehabilitation, improvement and two-year maintenance of 22.7 kilometres of part of Route Nationale 1, together with a road safety campaign.
The IDB said road transport is the leading mode of transportation for cargo and passengers in Haiti, making the improvement of the road infrastructure a “fundamental mechanism for economic development and for enhanced integration of the country’s regions”.
In addition to integrating different departments, the IDB said the corridor plays a “very important role in international trade as it connects the two international seaports with the major cities and productive regions in the country”.
The IDB said a road safety campaign will be designed and implemented to promote road safety awareness and teach safe road behaviour to the local population.
The Washington-based financial institution said the overall objective of the programme is to make road transport in Haiti more efficient in order to foster economic activity, while facilitating regional and international integration and economic development. Specific objectives of the project include the rehabilitation, improvement and two-year maintenance of 22.7 kilometres of part of Route Nationale 1, together with a road safety campaign.
The IDB said road transport is the leading mode of transportation for cargo and passengers in Haiti, making the improvement of the road infrastructure a “fundamental mechanism for economic development and for enhanced integration of the country’s regions”.
In addition to integrating different departments, the IDB said the corridor plays a “very important role in international trade as it connects the two international seaports with the major cities and productive regions in the country”.
The IDB said a road safety campaign will be designed and implemented to promote road safety awareness and teach safe road behaviour to the local population.
