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LOANS & CREDITS

Azerbaijan- Absheron Rehabilitation Program (ARP) III: Large Scale Oil Polluted Land Cleanup (S) Project

June 17, 2008



IBRD Loan: US$60.0 Million
TERMS: Maturity = 17 year; Grace Period = 4 years
PROJECT DESCRIPTION: The ARP III Large-Scale Oil Polluted Land Cleanup Project will support the State Environment Program to curtail environmental degradation in the Absheron Peninsula, by improving: (i) the State Oil Company of Azerbaijan Republic's capacity and effectiveness in environmental management and in cleaning up of oil-polluted land in the Absheron Peninsula, and (ii) the quality of soil conditions in oil-polluted lands cleaned up under the project.


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Michael Jones
Tel : (202) 473-2588
mjones2@worldbank.org

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