WASHINGTON, December 10, 2009 - The World Bank’s Board of Executive Directors today approved the following project:  GEF Grant: US$20.33 million Project ID: P100589 IBRD Loan: US$105 million equivalent Terms: Maturity = 30 years; Grace Period = 5 years Project ID: P110371  Project Description: The Sustainable Urban Transport Project will finance capacity building and demonstration projects in select cities that will create models of sustainable transport solutions for Indian cities to replicate. These projects include public transport development such as development of new bus systems, and non-motorized transport development including cycle track investments.  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=P100589 http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P110371 |
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