WASHINGTON, November 2, 2010 - The World Bank’s Board of Executive Directors today approved the following project: IDA Credit: US$11.5 million equivalent Terms: Maturity = 20 years; Grace = 10 years IBRD Loan: US$ 33.5 million Terms: Maturity = 27 years; Grace = 8 years Project ID: P120887 Project Description: The additional financing for the Georgia Regional and Municipal Infrastructure Development Project will scale up activities under the original project which aimed to improve the efficiency and reliability of selected municipal infrastructure and service. It will also assist in restoring infrastructure, services and improving the housing conditions of conflict-affected persons in Georgia. Contact: Jonathan Daly (202) 473-2588 Jdaly1@worldbank.org For more project information, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P120887 |
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