t? - Public Documents

THE WORLD BANK GROUP ARCHIVES
PUBLIC DISCLOSURE AUTHORIZED
Folder Title:
Country Photographs - Colombia - Loan 225 - Photographs
Folder ID:
1719553
Fonds:
Records of Office of External Affairs (WB IBRD/IDA EXT)
Digitized: August 28, 2014
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THE WORLD BANK
Washington, D.C.
© 2012 International Bank for Reconstruction and Development / International Development Association or
The World Bank
1818 H Street NW
Washington DC 20433
Telephone: 202-473-1000
Internet: www.worldbank.org
PUBLIC DISCLOSURE AUTHORIZED
fi[IIHl li l\ 1 1~ lijl\ l l ll~lm 111:fl~l l
1719553
R2002-110
Other#: 37
untry Photographs - Colombia - Loan 225 - Photographs
ECLASSIFIED
WBG Archives
2173678
Washington 25 D. C.
INTmNATIOiiAL lWTK FOR RECONSTRUCTION. AND DEVELOPNENT
10-225-C0-2 On May 20, 1959 the WORLD BP~K made a loan equivalent to $12
million for a hydroelectric power project which will provide 96,000 kilowatts of additional generating capacity for Medellin and neighboring towns
in west central Colombia.
The Grace National Bank 6f New York is participating in the
loan, without the WORLD BANK's guarantee, to the extent of ~100,000.
The loan was made to the Empresas Publicas de Medellin, an
autonomous public agen~ which provides power, telephone, water and sewage
services in the Medellin area.
·
Among those present at the signing of the loan documents
were, from left to right:- (seated) Mr. Ignacio Mesa, Charge d'Affaires of
the Colombian Embassy in ~liashington; Mr. J. Burke Knapp, Vice President of
the L'lORID BANK; and Dr. Oscar Baquero, General Nanager of the Empresas
Publicas de Medellin: (standing) Mr. Jorge Mejia-Palacio, Executive
Director of the hDRLD BANK for Colombia; Hr. Virgilio Barco-Vargas, IVlinister
of Public v~rks of Colombia; and Mr. Jose Camacho-Lorenzana, Minister of the
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