Les Cayes-Jérémie Road, Haiti $75 million.
This CIDA-funded project is part of the Inter-American Development Bank’s Road Infrastructure Rehabilitation Program in Haiti. CIDA’s contribution supports the construction of a road connecting the cities of Jérémie and Les Cayes in the southwestern region of the country. The project aims to create jobs and make the region more competitive by facilitating the transport of an increased volume of merchandise and passengers.
NEPAD Infrastructure Project Preparation Facility – Phase II (IPPF II) (Africa multiple countries): $15.25 million, 2012-2015
The ultimate aim of the NEPAD-IPPF is to enhance regional economic development and integration through the increased implementation of regional infrastructure projects. The purpose of NEPAD IPPF II is to provide support to regional economic communities (RECs) and their specialized regional institutions such as the West African Power Pool, for the preparation of ‘bankable’ infrastructure projects in the energy, transport, and telecommunications sectors in Africa. ‘Bankable’ projects are those which have gone through high-quality project preparation processes, which include support for feasibility and engineering studies, environmental impact assessments, structured financing plans, legal analysis and financial transaction plans. NEPAD-IPPF is also working with the RECs to increase their capacities to cooperate in complex public-private partnerships. These efforts help sustain progress towards meeting Africa’s infrastructure financing needs.
West Africa Regional Market Development: $3.1 million, 2005-2012
The goal of the West Africa Regional Financial Market Development Program is to help reduce poverty, and to contribute to sustainable economic and monetary growth within the West African Economic and Monetary Union (WAEMU). This program was developed under the auspices of the West African Development Bank (WADB) and the World Bank. Most of the funding is allocated for regional road repairs (e.g., paving of dirt roads and rehabilitation of paved roads, hydro and irrigation dams). This comprehensive program has three components: technical assistance and institutional support, development loans, and a guarantee facility. Canada’s support focuses on technical assistance and institutional support.