Albania: Road Management Project

CREDIT AMOUNT:  IDA—US$17.0 million

TERMS:  Grace period = 10 years; Maturity = 40 years

PROJECT DESCRIPTION:  This credit will reduce transport costs on sections of the main road network considered to be of high priority.  It will provide better accessibility to rural areas and essential social services.  At the same time, this project will help to reduce the number of fatalities caused by automobile accidents by improving traffic management and safety standards.  For more information, please call Gina Ciagne at (202) 458.4166, fax at 522.3362, or e-mail Gciagne@worldbank.org.