IDA Credit: US$25 million equivalent
TERMS: Maturity = 35 years; Grace = 10 years
Project Description: The objective of the Second Trade and Transport Facilitation Project in Pakistan is to improve performance of trade and transport logistics by facilitating the implementation of the National Trade Corridor Improvement Program (NTCIP) as well as simplifying and modernizing Pakistan’s international trade procedures and practices. At the end of project implementation, businesses and households along the National Trade Corridor will enjoy significant reduction in the overall cost and time of exporting and importing their goods.
