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.
Cynthia Flores Mora
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