IDA GRANT: US$12.3 million
IDA CREDIT: US$11.2 million
TERMS: Grace period = 10 years; Maturity = 40 years
PROJECT DESCRIPTION: The main objective of the project is to enhance prospects for economic growth in Lesotho through provision of an efficient and integrated transport system that is safe, affordable and improves access to services and market opportunities across the territory. The project will support road-sector reform and development of the road network and address rural isolation problems. In addition, it will support the formulation of integrated policies and strategies for aviation, rail, intermediate modes of transport and the water transport sector with a view to improving coordination of transport sector management.