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LOANS & CREDITS May 8, 2019

Armenia Lifeline Road Network Improvement Project Additional Financing

WASHINGTON, May 8, 2019 - The World Bank’s Board of Executive Directors today approved the following project:

Additional Financing of the Armenia Lifeline Road Network Improvement 

IBRD Loan: EUR 13. 4 million

Terms: Maturity = 25.5 years, Grace = 14.5 years

Project ID: P126782

Project Description: This project aims to further assist the Government in its efforts to improve accessibility to markets and social services through the rehabilitation of an additional 61 km of the road network, as well as its climate resilience and safety management.

For more information, please visit: https://projects.worldbank.org/P150505?lang=en


Contacts

Washington
Sona Panajyan
(202) 473 9751
spanajyan@worldbank.org
Yerevan
Vigen Sargsyan
(374 10) 594 244
vsargsyan@worldbank.org
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