WASHINGTON, August 2, 2016 - The World Bank’s Board of Executive Directors today approved the following project:
Nicaragua – Caribbean Regional Communications Infrastructure Program (CARCIP)
IDA Credit: US $20.1 million equivalent
Terms: Maturity = 25 years, Grace = 5 years
Project ID: P155235
Project Description: The objective of the Project is to increase access to regional broadband networks and advance the development of an IT/ITES industry in Nicaragua and the Caribbean region.