WASHINGTON, May 22, 2007 - The following project was approved today by the World Bank’s Board of Executive Directors:
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IDA CREDIT: US$102 million
TERMS: Grace Period = 10 years; Maturity = 40 years.
PROJECT DESCRIPTION: Â The program aims at helping to build the foundation for long-term reconstruction, economic rehabilitation, and the reestablishment of state administration throughout the country. While EMRP 1 supported activities that addressed the most urgent needs, EMRP 2 will build on the activities of EMRP 1 and focus on upgrading infrastructure, supporting rehabilitation or construction of feeder roads, trunk roads (including bridges), electricity services, rural water supply, water supply in a provincial capital, and urban infrastructure.
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For more information, please call John Donaldson +1 (202) 473 1367 or email
jdonaldson@worldbank.org
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