WASHINGTON, June 14, 2018 - The World Bank’s Board of Executive Directors today approved the following project:
Khyber Pass Economic Corridor Project
IDA Credit: US$460.6 million
Terms: Maturity= 30 Years, Grace = 5 Years
Project ID: P156972
Project Description: The $460.6 million Khyber Pass Economic Corridor Project will benefit consumers, producers, and traders in Pakistan and across the border in Afghanistan and the Central Asian Republics through reduction in transport time and cost and private sector investment.