{"id":5172,"date":"2018-04-13T09:55:32","date_gmt":"2018-04-13T14:55:32","guid":{"rendered":"http:\/\/projectcalls.com\/?p=5172"},"modified":"2018-04-13T09:55:32","modified_gmt":"2018-04-13T14:55:32","slug":"usd65-5mn-rehabilitation-and-reconstruction-project-launches-in-the-british-virgin-islands","status":"publish","type":"post","link":"https:\/\/projectcalls.com\/dev\/usd65-5mn-rehabilitation-and-reconstruction-project-launches-in-the-british-virgin-islands\/","title":{"rendered":"USD65.5mn rehabilitation and reconstruction project launches in the British Virgin Islands"},"content":{"rendered":"

The Caribbean Development Bank (CDB) has launched a Rehabilitation and Reconstruction Project in the British Virgin Islands (BVI), which will assist the country in recovering from the effects of Hurricane Irma. The Project, which was launched on April 10, 2018, will be funded through a USD65.3 million (mn) loan and a USD300,000 grant.<\/p>\n

Speaking at the launch,\u00a0Diana Wilson Patrick, General Counsel, CDB<\/strong>, noted that the Project is a further extension of CDB\u2019s efforts to help BVI recover from the impact of the extreme weather event. In the immediate aftermath of Hurricane Irma, the Bank provided an Emergency Relief Grant of USD200,000, and Immediate Response Loans totalling USD2.25 mn.<\/p>\n

\u201cIt was with a sense of some pride that the management and staff of the Caribbean Development Bank were able to work with our counterparts in the Government of the Virgin Islands to have financing towards the proposed rehabilitation and reconstruction activities approved by the Bank\u2019s Board of Directors on December 14, 2017. This was a mere three months after Hurricane Irma caused the loss of four lives and an estimated USD3.6 billion in damage to homes, schools, infrastructure, public administration and defence and several other sectors; disrupting the lives of the country\u2019s men, women, boys and girls<\/em>.\u201d<\/p>\n

Premier and Minister of Finance, Dr. The Honourable D. Orlando Smith<\/strong>\u00a0said that the Project was timely, as it will assist with recovery, rehabilitation and reconstruction.<\/p>\n

\u201cIt is time to get our livelihoods back on track. It is time for us to get on with the several projects and initiatives that are identified for each ministry in the loan agreement. And, it is time to weather proof our infrastructure and rebuild it in a way that offers some resiliency to unprecedented weather patterns<\/em>.\u201d<\/p>\n

\u2026 more<\/a><\/p>\n

\u00a0<\/p>\n

Image:\u00a0\u00a0Life of Pix (Pexels<\/a>)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The Caribbean Development Bank (CDB) has launched a Rehabilitation and Reconstruction Project in the British Virgin Islands (BVI), which will assist the country in recovering from the effects of Hurricane…<\/p>\n","protected":false},"author":19,"featured_media":5178,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[112],"tags":[75,182,190,185],"class_list":["post-5172","post","type-post","status-publish","format-standard","has-post-thumbnail","category-newsdevelopments","tag-british-virgin-islands","tag-caribbean-development-bank","tag-construction","tag-infrastructure"],"aioseo_notices":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/04\/Construction-excavator-Life-Of-Pix-Pexels.jpg?fit=1024%2C682&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p6u9Qa-1lq","jetpack_likes_enabled":true,"jetpack-related-posts":[{"id":4977,"url":"https:\/\/projectcalls.com\/dev\/cdb-approves-usd50-million-to-restore-economic-stability-build-resilience-in-bvi\/","url_meta":{"origin":5172,"position":0},"title":"CDB approves USD50 million to restore economic stability, build resilience in BVI","author":"Michele Marius","date":"March 29, 2018","format":false,"excerpt":"The Board of Directors of the Caribbean Development Bank (CDB) has approved a USD50 million (mn) loan to the Government of the British Virgin Islands. 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Damage and loss\u2026","rel":"","context":"In "News\/Developments"","block_context":{"text":"News\/Developments","link":"https:\/\/projectcalls.com\/dev\/category\/newsdevelopments\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/03\/Buildings-construction-cranes-Juhasz-Imre-Pexels.jpeg?fit=1024%2C768&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/03\/Buildings-construction-cranes-Juhasz-Imre-Pexels.jpeg?fit=1024%2C768&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/03\/Buildings-construction-cranes-Juhasz-Imre-Pexels.jpeg?fit=1024%2C768&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/03\/Buildings-construction-cranes-Juhasz-Imre-Pexels.jpeg?fit=1024%2C768&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":5836,"url":"https:\/\/projectcalls.com\/dev\/cdb-releases-2017-annual-report\/","url_meta":{"origin":5172,"position":1},"title":"CDB releases 2017 Annual Report","author":"Michele Marius","date":"June 8, 2018","format":false,"excerpt":"The Caribbean Development Bank (CDB) has released its\u00a02017 Annual Report, highlighting the institution\u2019s performance, initiatives and results delivered during the year. \u201cThe Bank recorded strong growth, and exceeded targets in both total approvals and disbursements,\u201d said\u00a0President, Dr. Wm.\u00a0Warren Smith.\u00a0\u201cThe Bank was able to respond quickly and meaningfully to the various\u2026","rel":"","context":"In "News\/Developments"","block_context":{"text":"News\/Developments","link":"https:\/\/projectcalls.com\/dev\/category\/newsdevelopments\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/06\/Books-magazines-Jens-Mahnke-Pexels.jpeg?fit=1024%2C576&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/06\/Books-magazines-Jens-Mahnke-Pexels.jpeg?fit=1024%2C576&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/06\/Books-magazines-Jens-Mahnke-Pexels.jpeg?fit=1024%2C576&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/projectcalls.com\/dev\/wp-content\/uploads\/2018\/06\/Books-magazines-Jens-Mahnke-Pexels.jpeg?fit=1024%2C576&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":7009,"url":"https:\/\/projectcalls.com\/dev\/cdb-funded-public-sector-training-gets-under-way-in-four-countries\/","url_meta":{"origin":5172,"position":2},"title":"CDB-funded public sector training gets under way in four countries","author":"Michele Marius","date":"October 17, 2018","format":false,"excerpt":"Dozens of public servants from Anguilla, the British Virgin Islands (BVI), Cayman Islands and Haiti are learning how to make public projects and policies work better and more effectively for their countrymen. 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