The IDB's Multilateral Investment Fund would provide 70 per cent funding for the project, which has an overall value of US$1.1 million.As the executing agency for this three-year project, Cariri stands to also benefit, by means of institutional capability-building in the area of ICT.It is proposed to officially launch the project this month.The statement said both the IDB and Cariri understood the critical role of SMEs to economic and social development.Outside of the energy sector, they constitute the mainstay of economic activity in T&T.The expansion of business activity, based on development and strengthening of SMEs, is one of the key pillars in Government's strategy for economic transformation.
IDB, Cariri join forces in ICT project
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