Georgia: Irrigation and Drainage Community Development Project

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

 

IDA GRANT AMOUNT: $5.2 million

IDA CREDIT AMOUNT: $7.8 million

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

PROJECT DESCRIPTION: The development objective of this project would be to improve and secure the sustainability of river flood protection works and irrigation headworks and canals, which, if unattended, could lead to increased flooding occurrences and infrastructure damage, and subsequent human life and economic losses.  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=P095551