URBAN DEVT I

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The Lazaro Cardenas Conurbation Development Project will support the development of the Lazaro Cardenas conurbation, one of the fastest growing areas in Mexico, by: strengthening institutional arrangements for urban development programs, providing low-cost shelter and other urban services to the poorer sections of the population, and creating employment by assisting small enterprises through credit and technical assistance programs. The major components are: (a) shelter and related physical elements (urban upgrading, sites and services, construction materials loans, training centers, and technical assistance); (b) a credit line and the construction of industrial premises to promote and diversify economic activities in the region; (c) regional feeder roads and river control works; and, (d) technical assistance to strengthen the Fideicomiso (Trust Fund) Lazaro Cardenas (FLC), and studies to prepare additional urban development projects for possible assistance from the Bank.