The following project was approved yesterday by the World Bank's Board:
LOAN AMOUNT: IBRD-US$29 million
TERMS: Grace period=20 years; maturity=5 years
PROJECT DESCRIPTION: This project will improve quality, reliability, and sustainability of urban transport services in five cities -- Samarkand, Namangan, Bukhara, Nukus, and Almalyk. The improvements in transport services will translate into better access for employment, markets, social services, and social networks for the 1.4 million residents of the project cities, many of whom are poor and highly dependent on public transport. For more information, call Gina Ciagne (202) 458-4166, fax at (202) 522-3362, or e-mail Gciagne@worldbank.org. |
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