India: Third Tamil Nadu Urban Development Project

WASHINGTON, July 5, 2005- The following project was approved today by the World Bank’s Board of Executive Directors:

 

 

IBRD LOAN AMOUNT: $300million

TERMS: Grace period = 5 years; Maturity = 20 years

PROJECT DESCRIPTION: The project will continue to improve the delivery of urban services through enhancing the quality of urban infrastructure, mobilize resources on a sustainable basis for urban infrastructure investments and strengthen the institutional and financial framework of Urban Local Bodies.  For more information, please Benjamin Crow at (202) 473-5105 or email: bcrow@worldbank.org  For project information documents, visit: http://www.worldbank.org.np/external/default/main?pagePK=64027221&piPK=64027220&theSitePK=223555&menuPK=286969&Projectid=P083780