IBRD Loan: US$27.5 million
Terms: Maturity = 30 years; Grace = 5 years
Project Description: The project will assist the Dominican Republic in: (i) strengthening and consolidating the policy framework of the water and sanitation sector; (ii) improving and expanding access to sanitation and wastewater treatment and disposal services in the Puerto Plata region; (iii) improving the financial and operational performance of CORAAPPLATA, the region’s water utility; and (iv) enhancing operational and commercial performance of other regional utilities and preparing them to participate in the second phase of the Program (APL II).
