WASHINGTON, October 15, 2009 - The World Bank’s Board of Executive Directors today approved the following project: IBRD Loan: US$320 million Terms: Maturity = 30 years; Grace Period = 5.5 years Project ID: P096021 Project Description: The Andhra Pradesh Road Sector Project aims to improve quality, capacity and safety of roads in the state of Andhra Pradesh. The project is designed to upgrade about 429 km of priority state highways and finance long-term maintenance of more than 6,000 km of the state’s core road network. Media Contact Erik Nora (202) 458-4735 enora@worldbank.org For more project information, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P096021 |