5 January 2013 – The Inter-American Development Bank (IDB) announced on 20 December 2012 that it has approved a $17.5 million grant to help the Haitian government rehabilitate transport infrastructure damaged during Hurricane Sandy.
Sandy sideswiped Haiti late in October 2012 with torrential rains and floods that killed more than 50 people and ruined crops across the country’s southern region. The flooding also did extensive damage to roads and other infrastructure.
The IDB grant will help the Haitian government cover costs of clearing debris, repairing roads, bridges and drainage ditches, and stabilizing hillsides.
Image: Roads leading to Cotes-de-Fer completely washed away; photo courtesy of MedAir.org.
Separately, Haitian authorities and IDB officials agreed in November to redirect resources from existing agriculture projects to support the government’s efforts to assist rural communities affected by the flooding.
For more about IDB projects in Haiti, visit http://www.iadb.org/en/countries/haiti/hope-for-haiti,1001.html.
Established in 1959, the Inter-American Development Bank (IDB) is a source of multilateral financing for sustainable economic, social and institutional development programs and projects throughout Latin America and the Caribbean. More information about the IDB is at www.iadb.org. For more about IDB projects, visit http://www.iadb.org/en/projects/projects,1229.html.
Source: Inter-American Development Bank