WASHINGTON, March 27, 2020 – The World Bank Board of Executive Directors today approved financing for the following project: Himachal Pradesh State Roads Transformation Project
IBRD loan: $82 million
Project ID: P163328
Terms: Maturity=14.5 years; Grace period= 5 years
Project Description: The project will support Himachal Pradesh strengthen its transport and road safety institutions by improving the safety, resilience, and engineering standards of its state road network.