IBRD Loan: $US 200 million
Terms: Maturity = 24.5 years; Grace = 9 years
Project ID: P118531
Project Description: The objective of the project is to increase the quantity and efficiency of government spending on infrastructure. This will be accomplished by improving sub-national infrastructure services through increased sub-national government spending, better incentives and, increasing private investment through a fiscally sound, credible and transparent public-private partnership framework. In addition, the project will help enhance governance for infrastructure through better land acquisition, environmental protection, procurement and improved audit processes.