IBRD LOAN: US$100.3 million
TERMS: Grace period = 5 years; Maturity = 17 years.
PROJECT DESCRIPTION: The goal of the Bahia Integrated State Highway Management Project is to increase the effective use of the State’s road infrastructure, which will in turn reduce transport costs and delays in the State’s main corridors. As a result, the project will contribute to the State’s economic growth by increasing the competitiveness of agriculture and industry in the interior of the State.
