CARIBBEAN-DEVELOPMENT-CDB funds for development projects in Bahamas and Barbados

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Mar 14, 2014

BRIDGETOWN, Barbados, CMC – The Barbados-based Caribbean Development Bank (CDB) is making available more than US$18 million in loans to the Bahamas and Barbados for various development projects.


CDB at its 60th meeting of the Board of Directors on Thursday approved US$16.18 million for the 40 year-old College of The Bahamas (COB) for an institutional and physical makeover.


Among the initiatives for COB are a new Hall of Residence to house 100 students and a new Business Centre.

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