China: Jiangxi Shihutang Navigation and Hydropower Complex Project

WASHINGTON, September 25, 2008- The following projects were approved today by the World Bank’s Board of Executive Directors:

 

IBRD Loan Amount: US$ 100 million

Terms: Maturity = 25 years; Grace = 8 years.

Project Description: The project supports the Government’s efforts to improve utilization of the Gan River for more reliable freight transport and for cleaner energy production through: (a) improving inland waterway transport capacity and service levels for primary and secondary industries in the Nanchang-Ganzhou corridor of the Gan River; and (b) generating renewable electricity to help meet rapidly growing demand for energy in the region.

 

Contact:

Mohamad Al-Arief at (202) 458-5964

malarief@worldbank.org

 

For project documents, please visit:

http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P101988