December 12, 2008 No. 39/08-BD DOMINICA TO RECEIVE CDB LOANS FOR SEA DEFENCES REHABILITATION Dominica is to receive a loan equivalent to USD9.16 million from the Caribbean Development Bank (CDB). CDB's Board of Directors has approved the funding to assist in financing the rehabilitation of sea defences and associated road work destroyed by Hurricane Omar. Houses near the island's west coast were also damaged, and some 30 families were left homeless. Dominica's fishing industry was also adversely affected. Engines, fishing equipment and boat houses in 13 communities along the west coast were also damaged, and more than 500 fishermen were affected. The project is designed to assist in the speedy rehabilitation of the country's sea defences and road infrastructure, and the restoration of its productive capacity. This includes the restoration of road links which facilitate the movement of people and goods to the villages along the south-western coast of Dominica.