WASHINGTON, January 11, 2017 - The World Bank’s Board of Executive Directors today approved the following project:
IDA Credit: US$ 30 million
IBRD Loan: US$ 200 million
Terms IDA Credit: Maturity = 24 years, Grace = 5 years
Terms IBRD Loan: Maturity = 16 years, Grace = 13.5 years
Project ID: P152281
Project Description: The project development objective is to improve access to transport and services through improvements in the road corridor between San Ignacio de Velasco and San Jose de Chiquitos, benefiting close to 125,000 inhabitants, 51 percent of them considered poor, and 62 percent of indigenous descent.