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India: Orissa State Roads Project

WASHINGTON, September 30, 2008 - The following project was approved today by the World Bank’s Board of Executive Directors:

 

IBRD Loan Amount: US$250 million

Terms: Maturity = 30 years; Grace = 5 years

Project Description:  The project aims to remove transport bottlenecks in transport corridors through better performance, safety, and capacity of priority roads. It will increase the role of the private sector in road infrastructure, and assist the state government in establishing an institutional and governance framework in the sector.

 

Media Contact

Erik Nora

(202) 458 4735

enora@worldbank.org

 

For project documents, please visit:

http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P096023


For more information, please visit the Projects website.

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