WASHINGTON, September 30, 2008 - The following project was approved today by the World Bank’s Board of Executive Directors: IBRD Loan Amount: US$250 million Terms: Maturity = 30 years; Grace = 5 years Project Description: The project aims to remove transport bottlenecks in transport corridors through better performance, safety, and capacity of priority roads. It will increase the role of the private sector in road infrastructure, and assist the state government in establishing an institutional and governance framework in the sector. Media Contact Erik Nora (202) 458 4735 enora@worldbank.org For project documents, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P096023 | 
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