IBRD LOAN: US$218 million
TERMS: Grace period = 5 years; Maturity = 20 years
PROJECT DESCRIPTION: The objective of the project is to assist the borrower's project cities in enhancing: (i) the performance and quality of their existing urban transport infrastructure in terms o f mobility, access, and safety; (ii) the efficiency and effectiveness of their urban public transport and road maintenance services; and (iii) the responsiveness of their urban transport systems to the needs of population without access to private motorized vehicles.
