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News

Antioquia gets US$50 million for development

by Michael Kay September 16, 2008
1.3K

Antioquia, the Colombian department home to Medellin, will receive a US$50 million credit from a multilateral finance institution to invest in education, health, basic sanitation, and rural and urban development.

The Institute for the Development of Antioquia, IDEA for its Spanish initials, will be responsible for choosing and executing projects, which will be carried out over the next three years, reported Portafolio.

“With this financing [IDEA] will realize investments that will improve the quality of life of the urban and rural populations of Antioquia, through projects in various social sectors,” said Enrique García, president of the Andean Development Corporation, which provided the money.

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Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion