Representatives from the Kuwait Fund for Arab Economic Development and the OPEC Fund for International Development (OFID) are currently in Saint Lucia conducting a joint appraisal mission for the financing of Phase Two of the Choc to Gros-Islet highway project.
The project was announced by Prime Minister and Minister of Finance, Dr. Kenny D. Anthony, in the 2014/2015 budget. The project will be jointly financed by the Kuwaiti and OPEC funds.
The project involves the extension of the major highway to accommodate two northbound and two southbound lanes, pedestrian walkovers and the rehabilitation of major junctions.
The joint Kuwait/OFID fund team will be in Saint Lucia from Oct. 26 to Nov. 5. During that time they will be conducting meetings with the technical staff of the Ministry of Infrastructure, Port Services and Transport, the Ministry of Finance, Economic Affairs and Social Security and other relevant agencies.