Loading grant details…
[China-Venezuela Joint Fund] Creation of Avicola de Alba Socialist Joint Venture (link to Record ID#58677)
| Funder | China Development Bank (CDB) |
|---|---|
| Recipient Organization | Banco de Desarrollo Económico y Social de Venezuela (BANDES)|China-Venezuela Joint Fund |
| Country | Venezuela |
| Start Date | Jan 01, 2007 |
| End Date | Aug 16, 2032 |
| Duration | 9,359 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 69376 |
Grant Description
[China-Venezuela Joint Fund] Creation of Avicola de Alba Socialist Joint Venture In 2006, the Venezuelan government decided to create 5 socialist joint ventures.
Theese companies will receive 53.7 million bolivars each, and the State will own 51%, and various agro-industries, including Cubans, will own the other 49%.
Avícola del Alba is the second of these enterprises and it will be in charge of the production, distribution, commercialization, import and export of eggs, poultry meat, fertile eggs, live and slaughtered animals and compound food.
In addition to raw materials for the production of balanced feed, premix, medicines, vaccines, equipment and supplies that the poultry sector requires.
It will operate with capital from the Corporación Venezolana Agraria (an agency from the Ministry of Agriculture) and from the Unión de Empresas Combinado Avícola Nacional.
As of 2013, Avicola de Alba has been operating According to the Government of Venezuela, this project was funded by the China Venezuela Joint Fund (Record ID#58677). The China Development Bank and FONDEN contribute to this fund and it is administered by BANDES.
Sources & References
- Fondo Chino Venezolano renueva su compromiso con el fortalecimiento socioeconómico de la Patria
- Empresas estatales producen a menos de 50% de capacidad
- Gobierno crea 5 empresas mixtas socialistas para producir alimentos y madera
- Gaceta Oficial Numero 38,726
- Decreta
- Avícola del Alba Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.
All Grantees
Banco de Desarrollo Económico y Social de Venezuela (BANDES)|China-Venezuela Joint Fund
Interested in applying for this grant?
Complete our application form to express your interest and we'll guide you through the process.
Apply for This GrantQuick Summary
Related Grants
