[China-Venezuela Joint Fund] China loans USD 249.7 for Río Tiznado Socialist Agrarian Development Project Phase II (linked to Record ID#37829, 37804, 37808, 58677)

[China-Venezuela Joint Fund] China loans USD 249.7 for Río Tiznado Socialist Agrarian Development Project Phase II On May 9, 2008 President Chavez announced new socialist agricultural development projects.

One of these was the USD 249.7 million Río Tiznado Socialist Agrarian Development Project Phase II (Spanish: Proyecto de Desarrollo Agrario Socialista Río Tiznado, Chinese: 委内瑞拉第斯那托斯农业综合发展项目二期).

In October of 2010, this project was listed among eight other socialist agriculture projects (see Record ID#37892) as funded by the China-Venezuela Joint Fund Long Term Facility (see Record ID# 37804 and 37808). Phase I of the project was inaugurated by President Chavez on January 13, 2008. CAMCE signed a contract for this project in October of 2010.

Other implementing agencies included the Ministry of People's Power for Agriculture and Land and INDER. The project covers 34,200 hectares.

It includes the Manuel Ibarra Agroindustrial Complex, which has nine silos capable of storing 34,200 tons, a fruit and vegetable dehydration plant capable of processing four tons a day, and a miniature packing plant capable of processing 12 tons of legumes and grain per day.

The complex also includes nine fish farming lagoons, a fish processing plant, and six greenhouses capable of holding 20,000 perita tomato plants. The complex contains the Juan Germán Roscio Agroproductive Social Property Unit, which has 350 hectares of white corn. Another ambition of the project is the construction of 114.95 km of irrigation canals.

As of 2010, 53.33km had been built. 25.3 km were to be rehabilitated, and 15km still needed to be finished