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LOANS & CREDITS February 14, 2019

Suriname – Saramacca Canal System Rehabilitation project

WASHINGTON, February 14, 2019 - The World Bank’s Board of Executive Directors today approved the following project:

IBRD Loan: US$ 35 million equivalent

Terms: Maturity = 30 years

Project ID: P165973

Project Description: 

The project aims to reduce flood risks by upgrading critical drainage infrastructure in the Saramacca Canal, as well other secondary and tertiary systems. It will also optimize the overall maintenance of the canal and navigation; reduce the inundation time for property and businesses; develop a flood forecasting service; and implement an emergency response in the event of a natural disaster.

For more information, please visit here.

Contact:

Christelle Chapoy
Washington
+1 (202) 458 2656
cchapoy@worldbank.org

 

 


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