Ethiopia: Tana and Beles Integrated Water Resources Development Project

WASHINGTON, May 29, 2008- The following project was approved today by the World Bank’s Board of Executive Directors:

IDA Credit: USD$ 45 Million

TERMS: Maturity = 40 Years; Grace Period = 10 Years

PROJECT DESCRIPTION: The Tana & Beles Integrated Water Resources Development Project aims to develop enabling institutions and investments for integrated planning, management, and development in the Tana and Beles Sub-basins to accelerate sustainable growth. There are four components to the project. The first component of the project is sub-basin resources planning and management. This component aims to develop the enabling institutional infrastructure and capacity necessary for stimulating and managing sustainable investments in the Tana and Beles sub-basins.

For more information, please call Aby Konate at (202) 473-8302 or e-mail here at akonate@worldbank.org

For project information, please visit: http://web.worldbank.org/external/projects/main?pagePK=64312881&piPK=64302848&theSitePK=40941&Projectid=P096323