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LOANS & CREDITS

Philippines: Additional Financing for the Second Agrarian Reform Communities (ARCs) Development Project

March 19, 2009



IDA Credit: US$10 Million
Terms: Maturity = 25 years; Grace period = 10
Project Description: The additional financing will help finance the shortfall in resources required to complete the remaining critical infrastructure investments under the ongoing Second Agrarian Reform Communities (ARCs) Development Project. These investments will consist of construction and rehabilitation of small-scale irrigation facilities in selected ARCs.


Media Contacts
Mohamad Al-Arief
Tel : (202) 458-5964
malarief@worldbank.org

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