CAF contributes to the Venezuelan habitat and urban development

CAF, Development Bank of Latin America, approved a loan for up to USD 400 million to the Ministry of Popular Power for Banking and Finances, with the objective of financing investment programs in the habitat and urban development sector.   

This loan will help improve the quality of life of urban populations in conditions of social vulnerability, through urbanization and access to basic services, as well as resettling populations located in risk areas, and the construction and democratization of public spaces. 

The investments foreseen for coming years are framed within the development plan of the Government of the Bolivarian Republic of Venezuela and, particularly, with the sectorial investment program of the Ministry of Popular Power for Housing and Habitat.