World Bank Ecuador Program: Up to US$800 Million for Local Infrastructure
World Bank Ecuador program: up to US$800 million over ten years for municipal and provincial projects in energy, transport and housing. What it funds. The post World Bank Ecuador Program: Up to US$800 Million for Local Infrastructure appeared first on The Rio Times .
A new World Bank program in Ecuador aims to provide up to US$800 million for local infrastructure over the next decade. The program, approved on September 24, 2026, will be implemented in three phases by Ecuador's state development bank, Banco de Desarrollo del Ecuador (BDE). The first phase includes a US$200 million loan and will fund energy, transport, sustainable mobility, urban development, disaster risk management, and affordable housing projects, benefiting over three million people through improved connectivity, energy access, urban infrastructure, and housing.
The program also seeks to mobilize up to US$750 million in private capital through co-financing. The remaining phases will be developed as separate operations, utilizing the funds for loans to local governments and public companies. BDE's general manager, Carlos Rivera, stated that the financing represents a historic milestone for the bank, enabling municipalities and provinces to enhance essential services and resilience to climate change.
The loan arrives as Ecuador increases spending on local governments, with capital transfers to municipalities, provinces, and parish boards rising to US$2.559 billion in the first half of 2026. The World Bank emphasizes the importance of services like power, transport, and housing in addressing the daily needs of residents, particularly after the prolonged power cuts of 2024.
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