IBRD Loan: US$79.3 million equivalent
Terms: Maturity = 15 years; Grace Period = 5 years
Project ID: P112918
Project Description: The Highways Management Project for Thailand aims to support the Government of Thailand’s efforts to improve the nation’s highway system. The additional loan will mainly help finance the costs associated with the widening of five national highway sections from two lanes to four lanes (totaling 2 16 kilometers) under the Royal Government of Thailand (RGT)'s four-lane Second Phase Highway Widening Project (phase II).