WASHINGTON, June 15, 2018 - The World Bank’s Board of Executive Directors today approved the following project:
Lebanon - Greater Beirut Water Supply Project: Additional financing
IBRD LOAN: US$ 90 million equivalent
Project ID: P165711
Final Maturity: 16 years, Grace Period: 4 years
Project Description: The objective of the project is to increase the provision of potable water to the residents in the project area within the Greater Beirut region, including those in the low‐income neighborhoods of Southern Beirut, and to strengthen the capacity of the Beirut Mount Lebanon Water Establishment in utility operations.