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LOANS & CREDITS

OECS Tourism Competitiveness Project

April 7, 2017

WASHINGTON, April 6, 2017 - The World Bank’s Board of Executive Directors today approved the following project:

IDA Credit: US$20 million

Terms: Maturity = 40 years, Grace = 10 years

IBRD Loan: US$6 million

Terms: Maturity = 30 years, Grace = 9.5 years

Project ID: P152117

Project Description:  The objective of the project is to facilitate access and movement of travelers through a pilot ferry service, rehabilitate select tourism sites such as Fort George in Grenada, Fort Charlotte in St Vincent and the Grenadines, and Castries in Saint Lucia, and help position these countries as one multi-island travel destination

 

More information: https://projects.worldbank.org/P152117?lang=en

Media Contacts
In Washington, D.C.
Chistelle Chapoy
Tel : +1(202) 458 2656
cchapoy@worldbank.org

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