Belarus: Additional Financing Loan for Social Infrastructure Retrofitting Project

WASHINGTON, December 4, 2007 - The following project was approved today by the World Bank’s Board of Executive Directors:

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BRD Loan: US$15 million

TERMS: Maturity=17 years; Grace= 5 years

PROJECT DESCRITPION: The project’sobjective is to improve the functional and health environments of social sector facilities, with particular emphasis on reducing energy consumption. The project will retrofit social sector facilities to encourage a more effective use of resources, reducing operation and maintenance costs in schools, hospitals, medical and other selected social facilities such as orphanages, and community homes for elderly and disabled.

For more information please call

Michael Andrew Jones (202)473-2588 email: mjones2@worldbank.org