CDB VI

closed

The Sixth Caribbean Development Bank Project's objectives are to: (a) channel the loan funds to eligible Bank/Caribbean Development Bank (CDB) member countries in the Commonwealth Caribbean; (b) enhance the amount and scope of development and financial services offered to common Bank/CDB borrowing member countries; and (c) help CDB implement the agreed sectoral and institutional strategies. The loan proceeds will be relent by CDB in support of private as well as public sector projects and will be available for lending for investment and permanent working capital or for technical assistance. The eligible sectors will be those sectors on which CDB has issued lending strategy papers acceptable to the Bank. These sectors include: agriculture, industry tourism, infrastructure (transportation, water and sewerage, and power), indirect lending through other financial institutions for onlending to the private sector, and human resource development.