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LOANS & CREDITS March 15, 2018

Nicaragua – Rural and Urban Access Improvement Project

WASHINGTON, March 15, 2018 - The World Bank’s Board of Executive Directors today approved the following additional financing for the project:

Nicaragua – Rural and Urban Access Improvement Project

IDA Credit: US $35 million equivalent

Terms: Maturity = 30 years, Grace = 10 years

Project ID: P165467

Project Description: The Additional Financing will support rehabilitation and improvement works of three additional rural road segments that are contiguous with segments currently financed under the project. It would enable the addition of nearly 44 kilometers of cobblestones (adoquines) construction activities, extending the impact of those segments already supported and increasing the total length of project-financed roads by nearly 2.5 times.

Contact:

Cynthia Flores Mora

+506 72989160

cfloresmora@worldbank.org

For more information, please visit here:

https://www.worldbank.org/en/country/nicaragua


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