August 23, 2007 -- The World Bank Country Manager, Alberto Chueca and the Planning Minister Ana Dias Lourenco, signed a World Bank project in Luanda. The project was approved by the World Bank’s Board of Executive Directors in May 22, 2007 for an International Development Association (IDA) credit amounting US$102 million to the government of Angola for the implementation of the second phase of the Emergency Multisector Recovery Program (EMRP2).
World Bank Country Manager, Alberto Chueca, and Planning Minister, Ana Dias Lourenco.
The Emergency Multisector Recovery Program aims at helping to build the foundation for long-term reconstruction, economic rehabilitation, and the re-establishment 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.
Overall the program will support the preparation of the medium-term sector strategies, capacity building, decentralization and local development, and continue support for program and project management.
Contributed by Ana Maria Carvalho, Communications Associate, World Bank, Angola.