CountryCubaApproval Date09 September 2019Duration2019 - 2027SectorRural DevelopmentTotal Project CostUS 63.65 millionIFAD FinancingUS 15.5 millionCo-financiers InternationalCentral-American Bank for Econ.Integration BCIE US 12 millionAgence franaise de dveloppement US 12.5 millionCo-financiers DomesticNational Government US 23.65 millionFinancing termsOrdinaryProject ID2000002243Project ContactFrancisco Javier PichonThe coffee and cacao value chains are strategic for the national economy and in particular for the provinces and the rural families of the eastern region where the Agroforestry Cooperative Development Project PRODECAFE will operate. Coffee is part of the basic food basket household consumption the country must import increasing quantities to cover domestic demand while only exporting small volumes of high-quality coffee. Cocoa is not part of the basket its trade deficit is lower and the time when its export potential will be reached is apparently closer.Through PRODECAFE its third project in Cuba IFAD can play an important role in supporting the Governments efforts to modernize and achieve sustainable growth of the countrys agroforestry sector by increasing the physical human social and environmental assets in the cooperatives as the most important actors in the countrys agricultural economy. PRODECAFE will support the gradual transformation of the agroforestry cooperatives into modern forms of enterprises with efficient production and provision of services capable of adapting to the market and the effects of climatic change as well as other negative external impacts.
π Key Information
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Tender Reference No.
465275076
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Publication Date
04 Sep 2021
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Estimated Value
USD 6365000000
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Sector
Agriculture, Food and Beverages
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Deadline
31 Dec 2027
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Notice Type
Projects
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Location
Italy
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Contract Duration
6 Years 3 Months 27 Days
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Documents & Downloads
No documents found
π·οΈ CPV
No CPV found
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