WASHINGTON, July 11, 2006- The following project was approved today by the World Bank’s Board of Executive Directors:
IBRD LOAN: US$75 million
TERMS: Grace period = 6 years; Maturity = 13.5 years
PROJECT DESCRIPTION: The main objective of this project is to improve the reliability of the province of Cordoba's road sector assets and the efficiency of their management as a means to support the province's competitiveness and economic growth, by building up institutional capacity to encourage efficient planning policies and adequate resource allocation for the rehabilitation and maintenance of the core provincial road network.
For project details, please call Alejandra Viveros at (202) 473-4306 or email
Aviveros@worldbank.org
For more information, please visit the project website: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P099585
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