WASHINGTON, July 1, 2015 - The World Bank’s Board of Executive Directors today approved the following projects:
IBRD Loan: US $60 million
Terms: Maturity = 25 years, Grace = 14 years
Project ID: P150696
Project Description: The objective of the project is to improve infrastructure services and institutional capacity to support increased contribution of tourism in the local economy of the Samtskhe-Javakheti and Mtskheta-Mtianeti regions.