WASHINGTON, December 10, 2009 - The World Bank’s Board of Executive Directors today approved the following project:  IBRD Loan: US$300 million Terms: Maturity = 28.5 years; Grace Period = 6.5 years Project ID: P071250  Project Description: The Andhra Pradesh Municipal Development Project will finance sustainable, high-priority urban infrastructure projects, which will be selected and implemented by urban local bodies (ULBs). The main goal of this project is to help strengthen the capacity of these local self government institutions to enable them to sustain and expand urban service.  Media Contact Erik Nora (202) 458-4735 enora@worldbank.org  For more project information, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P071250 |
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