WASHINGTON, December 16, 2008 - The following project was approved today by the World Bank’s Board of Executive Directors: IDA Credit: US$20 million TERMS: Maturity = 40 years; Grace = 10 years IDA Grant: US$20 million Project Description: The project will support Nicaragua’s efforts to improve the quality of life of the population living in the Greater Managua region, by providing access to reliable water supply and sewerage services. The operation will finance (i) water and sanitation coverage extensions in low-income neighborhoods; (ii) improvements in water supply and efficiency in specific areas and; (iii) institutional strengthening activities as well as the project’s management and monitoring activities. Media Contact Patricia Da Camara (202) 473-4019 pdacamara@worldbank.org For project documents, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P110092 |