WASHINGTON, July 9, 2009 - The World Bank’s Board of Executive Directors today approved the following project: IBRD Loan: US$130 million Terms: Maturity = 30 years; Grace Period = 5 years (GESP Loan Portion) Terms: Maturity = 25 years; Grace Period = 5 years (SABESP Loan Portion) Project ID: P006553 Project Description: The Integrated Water Management in Metropolitan Sao Paulo aims to: (i) to protect and maintain the quality and reliability of Metropolitan Region of Sao Paulo's (MRSPs) water resources and potable water sources; (ii) to improve the quality of life of the poor populations residing in key targeted urban river basins in MRSP; and (iii) to strengthen institutional capacity and improve metropolitan management and coordination in MRSP in water resources management, water pollution control, land-use policy and basic service provision. Media Contact Stevan Jackson (202) 458-5054 sjackson@worldbank.org For more project information, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P006553 |