CAF approves US$90mn for Yacambú basin management
Bnamericas Published: Wednesday, November 17, 2004
The Andean Development Corporation (CAF) has approved a US$90mn loan to Venezuela to finance integrated water resource management in Lara state's Yacambú-Quíbor basin, the CAF said. The program aims to support integrated and sustainable agricultural development in Quíbor valley and the Yacambú basin in the country's east. In addition to providing more water for agricultural purposes, the program would increase the water supply to Barquisimeto and surrounding populations. Environmental and social aspects related to the project will receive 10% of the funds. Barquisimeto in Lara state has 996,000 inhabitants.
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