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THE CHILEAN PRESIDENT ANNOUNCES US$128 MILLION FOR REGIONAL DEVELOPMENT PROJECTS, by KATHY SHANDLING: 07/04/2008 (MaximsNews Network)

THE CHILEAN PRESIDENT ANNOUNCES US$128 MILLION FOR REGIONAL DEVELOPMENT PROJECTS, by KATHY SHANDLING: 07/04/2008 (MaximsNews Network)

UNITED NATIONS - / MaximsNews Network / 07 April 2008 -- According to a recent government release, Chilean President Michelle Bachelet has announced a 57bn-peso (US$128mn) investment in regional development projects.

The funding will support projects, programs and activities to be carried out by the private and public sector, promoting regional development throughout Chile's 15 regions.

Projects will include technological, infrastructure and administrative improvements to increase productivity in the country.

Among the initiatives to be implemented with these funds in region II is the creation of a hydrological resources control center to optimize the sustainable use of water, which is scarce but greatly needed by the area's inhabitants and local mining industry.

Another project to be financed is the implementation of a climate monitoring network in Antarctica to control the melting of ice fields.

Other projects include an initiative to support private investment for the construction of a logistics service platform to facilitate trade; building new roads to expedite the transport of goods and produce; improving irrigation to benefit the agriculture sector; innovative research to optimize the use of natural resources and energy; and waste treatment and technological research.

All of these initiatives will require private sector involvement.  The private sector is anticipated to play as large a role as the government.

The projects will seek to promote decentralization by allowing regional governments to decide priorities.

The projects will also seek to boost the sustainable development of the country's industrial and production sectors.


Labels: United Nations, U.N., MaximsNews WATER, water, water news, Chile, regional development, Michelle Bachelet, President of Chile, investment, infrastructure, climate change, international news, water management, private sector, public sector, Kathy Shandling

 

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