IBRD Loan: US$200 million
Terms: Maturity = 25 years; Grace = 8 years
Project ID: P098078
Project Description: The objective of the project is to supplement the Government’s efforts and focus on medium and small size works on the lesser tributaries in the poorer rural areas in the Huai River Basin in the provinces of Jiangsu, Shandong, Anhui and Henan to provide local populations with better and more secure protection against floods and water logging, and to increase farmland productivity and reduce property losses. The World Bank loan will finance the construction or rehabilitation of dikes, flood control works, waterways and other infrastructure. It will also enhance disaster assessment and support systems including the collection, transmission and processing of information and data on river floods and drainage, and support capacity building for local project implementation entities.