The program's general objective is to promote tourism development so as to increase income and formal employment generated for the population of Salvador with emphasis on the local culture and people of African descent. The specific objectives are to increase tourist expenditure in Salvador, as well as the portion of that expenditure benefitting the community and particularly the Afrodescendant population, by promoting cultural as well as sun and sand tourism, infrastructure improvement, and institutional support for tourism management.
|Subsector||SUSTAINABLE TOURISM-DEVELOPMENT TOURISM DESTINATION & PRODUCT MANAGEMENT|
|Project Type||Loan Operation|
|Environmental and Social Impact Category||B|
|Approval Date||MAY 25, 2016|
|Contract Signature Date||JUN 6, 2017|
|IDB Financing *||52.51|
|Total Cost H||USD 105,024,680|
|Country Counterpart Financing||USD 52,512,340|
|Reporting currency||USD - United States Dollar|
|Reporting Date||OCT 31, 2017|
|Undisbursed Amount H||USD 52,512,340|
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