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Albania: Business Environment Reform and Institutional Strengthening Project

WASHINGTON, October 26, 2006 - The following project was approved today by the World Bank’s Board of Executive Directors:

 

IBRD LOAN: US$5.6 million

TERMS: Grace period = 4 years; Maturity = 17 years

IDA CREDIT: US$3.7 million

TERMS: Grace period = 10 years; Maturity = 20 years

PROJECT DESCRIPTION: The main objective of this project is to support the Government’s efforts to strengthen the public sector’s capacity to improve the business environment to attract investments and foster exports. By the time the project is completed, it is expected that the costs, the amount of time, and the number of steps necessary will be reduced in order for businesses to comply with regulations affecting business entry and operations.

 

For project details, please call Miriam Van Dyck at (202) 458-2931 or email mvandyck@worldbank.org

For more project information, please visit:

http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P096643

 


For more information, please visit the Projects website.



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