WASHINGTON, June 17, 2004—The following project was approved today by the World Bank’s Board:
CREDIT AMOUNT: US$ 207 Million
TERMS: Grace period = 10 years; Maturity = 40 years
PROJECT DESCRIPTION: The project’s objectives are to: increase efficiency of road transport along the Northern Corridor to facilitate trade and regional integration; enhance aviation safety and security to meet international standards; and promote private sector participation in the management, financing and maintenance of road assets. For more information, please call Herbert Boh at (202) 458-8418, fax at 473-7917, or e-mail Hboh@worldbank.org. For project information documents, please visit: http://web.worldbank.org/external/projects/main?pagePK=104231&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P082615
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