WASHINGTON, December 13, 2019 – The World Bank Board of Executive Directors today approved financing for the following project:
Assam Inland Water Transport Project (AIWTP)
IBRD Credit: US$88 million
Terms: Maturity = 14.5 years; Grace period = 5 years
Project ID: P157929
Project Description: The Assam Inland Water Transport Project (AIWTP) will help Assam improve the passenger ferry infrastructure and its services and strengthen the capacity of the institutions running the inland water transport. Technically better designed terminals and energy-efficient vessels (both new and retrofitted) will make the ferry services more sustainable with least disruption to nature.