WASHINGTON, April 8, 2008- The following project was approved today by the World Bank’s Board of Executive Directors: IBRD Loan: US$95 million TERMS: Maturity= 25 years Grace= 5 years PROJECT DESCRIPTION: The main objective of the project is to improve the quality and long-term sustainability of urban transport in the Sao Paulo Metropolitan Region (SPMR) by interconnecting the existing subway, commuter rail and bus networks through the construction of Metros Line 4 under a BOT type scheme, partially financed by the private sector. For more information, please call Gabriela Aguilar at (202) 473-6768 or email gaguilar2@worldbank.org For project documents, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P105959 |
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