Colonial City Revitalization Program

The overall objective of the project is to consolidate the urban revitalization process of the Colonial City of Santo Domingo (CCSD) in an inclusive, resilient, and competitive manner. The specific objectives are: (i) to improve livability and urban resilience through safe housing and inclusive, sustainable infrastructure; and (ii) to sustainably restore cultural heritage and revitalize the local economy.

Project Detail

Country

Dominican Republic

Project Number

DR-L1176

Approval Date

Project Status

Preparation

Project Type

Loan Operation

Sector

URBAN DEVELOPMENT AND HOUSING

Subsector

URBAN REHABILITATION AND HERITAGE

Lending Instrument

Investment Loan

Lending Instrument Code

INV

Modality

ESP (Specific Investment Operation)

Facility Type

Environmental and Social Impact Category (ESIC)

Category B: Likely to cause mostly local and short-term negative environmental and associated social impacts and for which effective mitigation measures are readily available

Total Cost

Country Counterpart Financing

Original Amount Approved

USD 130,000,000.00