WASHINGTON, March 18, 2010 - The World Bank’s Board of Executive Directors today approved the following project: IBRD Loan: US$79.3 million equivalent Terms: Maturity = 15 years; Grace Period = 5 years Project ID: P112918 Project Description: The Highways Management Project for Thailand aims to support the Government of Thailand’s efforts to improve the nation’s highway system. The additional loan will mainly help finance the costs associated with the widening of five national highway sections from two lanes to four lanes (totaling 2 16 kilometers) under the Royal Government of Thailand (RGT)'s four-lane Second Phase Highway Widening Project (phase II). Media Contact Elisabeth Mealey (202) 458-4475 emealey@worldbank.org For more project information, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P112918 |
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