[China-Venezuela Joint Fund] CDB provides loan of VEF 183,299,571.05 for Alto Apure Socialist Axis Project (Linked to Record ID#37829, #58677, #35985, #37528)

[China-Venezuela Joint Fund] CDB provides loan of VEF 183,299,571.05 for Alto Apure Socialist Axis Project In August of 2010, nine socialist agriculture projects (see Record ID#37829) funded by the China-Venezuela Joint Fund (see Record ID#58677) Long Term Facility (see Record ID#37804, #37808).

One such project was the Alto Apure Socialist Axis Project or the Socialist Development for Agriculture in the Elorza-Mantecal Axis (Spanish: Proyecto Socialista de Desarrollo Agrario Eje Elorza-Mantecal). Elozrza-Mantecal is a region in Apure State. VEF 183,299,571.05 of the 2011 budget was allocated for this project.

The primary implementing agencies were INDER and the Ministry of People's Power for Land and Agriculture.

Project goals included building two bridges over the Apure river, the rehabilitation of existing roads, and the construction of additional irrigation channels to allow for the cultivation of 21,405 hectares.

It also included the addition of 10,000 head of buffalo to the buffalo herds, construction of 40 lagoons for fish farming, building 30 greenhouses for vegetable production, the purchase of barges to allow for navigation of the Apure-Orinoco watershed and allow for the economic integration of the southern regions, the construction of 5 inns in the axis to diversity the economy and increase tourism, and organize the community into Free and Associated Producers (REPLA) networks to improve standards of living.

It is unclear when this project was started, or if it was ever completed.

Starting this project was listed as a strategic objective in the Fatherland Plan for 2013-2019, which was published in 2012.