IDA Credit: US$35 million equivalent
Terms: Maturity = 40 years; Grace period = 10 years
Project ID: P098132
Project Description: The objective of the Sustainable Tourism Development Project in Ethiopia is to contribute to the enhancement of the quality and variety of tourism products and services in targeted destinations so as to increase tourist visitation, foreign exchange earnings, and jobs. The implementation of the project will cause an increase of annual international visitors, which will translate into higher foreign exchange earnings, and increase the number of direct and indirect tourism-related jobs.