India: Punjab State Roads Sector Project

WASHINGTON, December 5, 2006 - The following project was approved today by the World Bank’s Board of Executive Directors:

 

IBRD LOAN: US$250 million

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

PROJECT DESCRIPTION: The loanwill assist the Government of Punjab to provide a targeted approach to the comprehensive improvement and maintenance of the 7,400 km of Plan Roads (state highways, major district roads and other district roads), which link the rural road network to the National Highways and provide most of the main road links in Punjab.

 

For project details, please call Erik Nora, (202) 458 4735 or email: enora@worldbank.org

For more project information, please visit: http://www.worldbank.org.in/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=295584&menuPK=295617&Projectid=P090585