WASHINGTON, May 18, 2020 - The World Bank’s Board of Executive Directors today approved the following project:
Georgia Additional Financing for Second Regional and Municipal Infrastructure Development Project
IBRD Loan: €37.1 million
Terms: Maturity = 25 years, Grace = 14 years
Project ID: P147521
Project Description: The Second Regional and Municipal Infrastructure Development Project of Georgia aims to improve the efficiency and reliability of targeted municipal services and infrastructure. This will be achieved by investing in high priority local infrastructure improvements, and by supporting Local Self-Governments in enhancing their capacity and systems for service delivery.
For more information, please visit: https://projects.worldbank.org/en/projects-operations/project-detail/P147521