Pine Plantation & Resin Extraction Proj.

THIS TC FINANCES A FACTIBILITY STUDY DEALING WITH THE PLANTING OF 200,000 HAS. OF CARIBBEAN PINE IN THE ORINOQUIA REGION OF COLOMBIA. THE STUDY WILL FOCUS ON THE EXTRACTION OF PINE RESIN AS WELL AS COMMERCIALIZATION OF RESIN AND WOOD. THE TC ALSO INCLUDES A PILOT PROJECT WHICH INVOLVES THE PLANTING OF 4,000 HAS. OF CARIB. PINE AND THE ESTABLISHMENT OF A RESIN PLANT.

Project Detail

Country

Colombia

Project Number

TC9205403

Approval Date

February 24, 1993

Project Status

Closed

Project Type

Technical Cooperation

Sector

ENVIRONMENT AND NATURAL DISASTERS

Subsector

ENVIRONMENT AND NATURAL DISASTERS

Lending Instrument

Lending Instrument Code

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 2,800,000.00

Country Counterpart Financing

USD 860,000.00

Original Amount Approved

USD 1,940,000.00