December 12, 2008 No. 34/08-BD CDB FINANCING PORT DEVELOPMENT PROJECT IN ANGUILLA The Caribbean Development Bank (CDB) has approved a loan equivalent to USD18 million to the Government of Anguilla. The funds are to be used to finance the Construction of new landside facilities at Blowing Point Ferry Port, the main port of entry into Anguilla. The objective of the project is to upgrade the facilities in order to accommodate the current and projected traffic to the year 2027, and to provide improved levels of service to the users of the port. This will be achieved through the Construction of a new terminal building and external works consisting of access roads, parking and landscaping. Implementation will be undertaken by the Department of Infrastructure of the Ministry of Infrastructure, Communications, Housing, Agriculture and Fisheries. This project constitutes the first phase of a development plan aimed at developing the Blowing Point area as a centre of economic activity in Anguilla.