The funds will be used in to build a hydroelectric power plant, called “José Cecilio del Valle”, and to develop irrigation projects in the area.
Mauro Marazoma, Italian spokesperson in Honduras, remarked that they are now organizing the project, to communicate it to local communities and government entities.
“Victor Flores, mayor of the region of Nacaome, explained that Italy is proposing the creation of a Basins Committee as a required condition to invest the 26 million Euros”, reported La Tribuna.