WASHINGTON, June 21, 2005 - The following project was approved today by the World Bank’s Board of Executive Directors:
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IDA CREDIT AMOUNT: US$17.5 million
TERMS: Grace period = 10 years; Maturity = 20 years
PROJECT DESCRIPTION:Â The Project is the first phase of a two-phase Integrated Coastal Zone Management and Clean-up Program, which will be implemented over 7 years. The overall objective of the Program is to protect the coastal natural resources and cultural assets and promote sustainable development of the Albanian coast. For more information, please call Miriam Van Dyck at (202) 458-2931, or email: mvandyck@worldbank.org.For project information documents, visit: http://web.worldbank.org/external/projects/main?pagePK=104231&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P086807
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