Support to the Action Social Center of Music Program. Phase II

The main objective is to contribute to the consolidation of the development and social integration of Venezuela by the musical formation as instrument for generating human capital, capacities, values, and coexistence personal atitudes in boys, girls and youngers participating in the Orquestras and Chorus System.

Project Detail

Country

Venezuela

Project Number

VE-L1017

Approval Date

June 6, 2007

Project Status

Closed

Project Type

Loan Operation

Sector

SOCIAL INVESTMENT

Subsector

SOCIAL INVESTMENT

Lending Instrument

Investment Loan

Lending Instrument Code

INV

Modality

ESP (Specific Investment Operation)

Facility Type

Environmental and Social Impact Category (ESIC)

Category C: Likely to cause minimal or no negative environmental and associated social impacts

Total Cost

USD 211,000,000.00

Country Counterpart Financing

USD 61,000,000.00

Original Amount Approved

USD 150,000,000.00