World Bank News Release: Loan and Credit Summary
WASHINGTON, May 31, 2011 - The World Bank’s Board of Executive Directors approved the following projects:
Afghanistan – Second Sustainable Development of Natural Resources Project
IDA Grant: US$52 Million Equivalent
Project ID: P118925
Project Description: The project aims to help the Ministry of Mines (MoM) and the National Environmental Protection Agency (NEPA) effectively regulate Afghanistan’s mineral resource development in a transparent and efficient manner, and foster private sector development.
For more information, please visit here http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P118925
China: GEF Sustainable Management and Biodiversity Conservation of the Lake Aibi Basin Project
GEF Grant: US$ 2.976 million
Project ID: P110661
Project Description: The objective of the project is to strengthen integrated planning and implementation of natural resource management and mainstreaming of biodiversity values in the Lake Aibi Basin, Xinjiang.
For more information, please visit here http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P110661
China: GEF Energy Efficiency Promotion in Industry Project
GEF Grant: US$4.0 million
Project ID: P119357
Project Description: The objective of the project is to strengthen the institutional capacity of rational energy use in key industrial sectors in China to improve energy efficiency and reduce greenhouse gas emissions.
For more information, please visit here http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P119357
India – Eastern Dedicated Freight Corridor Project (APL1)
IBRD Loan: US$975 Million
Terms: Maturity = 22 years; Grace = 7 years
Project ID: P114338
Project Description: The project will help Indian Railways set up the Eastern Dedicated Freight Corridor, a freight-only rail line, that will help faster and more efficient movement of raw materials and finished goods between the Northern and Eastern parts of India. The corridor will also allow Indian Railways to free up capacity and better serve the large passenger market in this densely populated region.
For more project information, please visit here http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P114338
India – The National Ganga River Basin Project
IBRD Loan: US$801 Million Equivalent
Terms: Maturity = 18 years; Grace = 5 years
IDA Credit: US$199 Million Equivalent
Terms: Maturity = 35 years; Grace = 10 years
Project ID: P119085
Project Description: The project is part of the Bank's long-term support for the Government of India's Mission Clean Ganga that seeks to rejuvenate India’s iconic river. The credit and loan will support the National Ganga River Basin Authority in building capacity of its operational-level institutions and implementing investments for reducing pollution in a sustainable manner.
For more project information, please visit here. http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P119085
Pakistan – Sindh Skills Development Project
IDA Credit: US$21.0 Million Equivalent
Terms: Maturity = 35 years; Grace = 10 years
Project ID: P118177
Project Description: The project will support the government in strengthening its short term training program to improve the skills set and employability of trainees. The project also seeks to pilot reforms of training institutions and strengthen management capacity of the technical and vocational education training system.
For more project information, please visit here http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P118177
Sao Tome and Principe – Adaptation to Climate Change Project
GEF Grant: USD 4.1 Million
Project ID: P111669
Project Description: The project aims to increase the adaptive capacity of vulnerable coastal communities to the adverse impacts of climate variability and change.
For more information, please visit here http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P111669
Togo – Emergency Infrastructure Rehabilitation and Energy Project [Additional Financing]
IDA Grant: US$15 Million Equivalent
Project ID: P125049
Project Description: The objective of the additional financing is to increase access to infrastructure and urban services in Lomé.
For more information, please visit here http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P125049
WASHINGTON, June 14, 2011 - The World Bank’s Board of Executive Directors has approved the following projects:
Benin and Ghana - Regional Trade Facilitation Project II (APL 1)
Benin IDA Grant: US$7.5 Million Equivalent
Ghana IDA Credit: US$20 Million Equivalent
Terms: Maturity = 35 years; Grace = 10 years
Project ID: P112456
Project Description: The project aims to facilitate private sector-led trade flows, investment and productive activities through the provision of insurance, coinsurance, reinsurance, financial instruments and related services.
For more information, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P112456
Djibouti - Rural Community Development and Water Mobilization Project
IDA Grant: US$5.83 Million Equivalent
Project ID: P117355
Project Description: The objective of the project is to increase rural communities access to water and enhance the capacity to manage water and agro-pastoral resources using a participatory approach to community-based development.
For more information, please visit here: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P117355
Kosovo - Agriculture and Rural Development Project
IDA Credit: US$ 20.15 Million Equivalent
Terms: Maturity = 20 years; Grace = 10 years
Project ID: P112526
Project Description: The project aims to assist the Republic of Kosovo to promote competitiveness and growth in the livestock and horticulture sub-sectors through the implementation of selected measures of its agricultural strategy and institutional development.
For more information, please visit here: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P112526
Kosovo - Financial Sector Strengthening and Market Infrastructure Project [Additional Financing]
IDA Grant: US$ 6.85 Million
Project ID: P122084
Project Description: The objective of the project is to enhance the Central Bank of Kosovo’s capacity to oversee the financial sector’s stability and contribute to its strengths and underlying infrastructure.
For more information, please visit: http://go.worldbank.org/ODCZSOYXX0
WASHINGTON, June 16, 2011 - The World Bank’s Board of Executive Directors have approved the following projects:
Grenada and Saint Lucia - The Eastern Caribbean Energy Regulatory Authority Program (APL-1) [Additional Financing]
Grenada IDA Credit: US$2.80 Million Equivalent
Terms: Maturity = 30 years; Grace = 10years
Saint Lucia IDA Credit: US$2.80 Million Equivalent
Terms: Maturity = 30 years; Grace = 10 years
Project ID: P101414
Project Description: The objective of the project is to enhance the efficiency of electricity provisions by establishing a regional regulatory framework with operational capacity for the electricity sector of the OECS Member States.
For more information, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P101414
Honduras - Nutrition and Social Protection Project [Additional Financing]
IDA Credit: US$3.6 Million Equivalent
Terms: Maturity = 20 years; Grace = 10 years
Project ID: P126158
Project Description: The project aims to improve Honduras’ social safety net for children and youth by: (i) strengthening the capacity to administer social assistance programs; (ii) improving the nutritional and health status of young children, and (iii) increasing employment of at-risk youth by piloting a First Employment program.
For more information, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P126158
Rwanda - Rwanda Transport Sector Development Project [Additional Financing]
IDA Credit: US$11 Million Equivalent
Terms: Maturity = 40 years; Grace = 10 years
Project ID: P119901
Project Description: The project will help to improve the quality of Rwanda's paved road network and to generate sustained employment in rural areas.
For more information, please visit:http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P119901
Tajikistan - Social Safety Net Strengthening Project
IDA Grant: US$ 3.2 Million Equivalent
Project ID: P122039
Project Description: The Social Safety Net Strengthening Project for Tajikistan aims to support the Government of Tajikistan in establishing a national registry system that contains accurate information on social assistance applicants and beneficiaries. This will allow the government to manage its social assistance programs; to budget for social assistance; and monitor and oversee payments of social assistance.
For more information, please visit here:http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P122039
Uganda - Transport Sector Development Project [Additional Financing]
IDA Credit: US$75 Million Equivalent
Terms: Maturity = 40 years; Grace = 10 years
Project ID: P121097
Project Description: The objective of the project is to improve the connectivity and efficiency of the transport sector by improving: (i) the condition of the national road network; (ii) capacity for road safety management; and (iii) the transport sector and national road management.
For more information, please visit here:http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P121097
WASHINGTON, June 21, 2011 - The World Bank’s Board of Executive Directors has approved the following projects:
Burkina Faso, Guinea, The Gambia – West Africa Regional Communications Infrastructure Program
IDA Grant (Burkina Faso): US$23 million equivalent
IDA Grant (Guinea): US$34 million equivalent
IDA Grant (The Gambia): US$35 million equivalent
Project ID: P122402
Project Description: The objectives of the Adaptable project are to increase the geographical reach of broadband networks and to reduce costs of communications services in The Gambia, Guinea, and Burkina Faso.
For more information, please visit here: http://web.worldbank.org/external/projects/main?pagePK=64312881&piPK=64302848&theSitePK=40941&Projectid=P122402
Burkina Faso – Bagré Growth Pole Project
IDA Grant: US$115 million equivalent
Project ID: P119662
Project Description: The project development objective is to support the Government of Burkina Faso in developing Bagre (a Burkina Faso municipality) as a model of an agribusiness growth pole.
For more information, please visit here: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P119662
Burkina Faso – Mineral Development Support Project
IDA Grant: US$33 million equivalent
Project ID: P124648
Project Description: The objective of the project is to strengthen the capacity of Burkina Faso’s key institutions to manage the industrial mineral sector.
For more information, please visit here: http://web.worldbank.org/external/projects/main?pagePK=64312881&piPK=64302848&theSitePK=40941&Projectid=P124648
Guinea Bissau – Proposed Third Economic Governance Reform
IDA Grant: US$6.4 million equivalent
Project ID: P123685
Project Description: The project will help promote efficiency, transparency and accountability in the use of public resources through improved public financial management. It will improve specific aspects of the investment climate, including streamlined procedures for business registration and licensing, enhanced legal and taxation frameworks to foster private investment, and new regulation to support environmental sustainability in public and private investment projects.
For more information, please visit: http://web.worldbank.org/external/projects/main?pagePK=64312881&piPK=64302848&theSitePK=40941&Projectid=P123685
Madagascar – Third Environmental Program Support Project [Additional Financing]
IDA Credit: US$42 million equivalent
Terms: Maturity = 40 years; Grace = 10 years
GEF Trust Fund Grant: US$10 million
Project ID: P107484
Project Description: This funding will help improve the protection and sustainable management of critical biodiversity resources in Madagascar, mainstream conservation into macro-economic management and facilitate the establishment of sustainable financial mechanisms for the environment, thus contributing to the improvement of the quality of life of the population.
For more information, please visit: http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/AFRICAEXT/MADAGASCAREXTN/0,,menuPK:356358~pagePK:141159~piPK:141110~theSitePK:356352,00.html
Nepal – Nepal-India Electricity Transmission and Trade Project
IDA Credit: US$84 million equivalent
Terms: Maturity = 40 years; Grace = 10 years
IDA Grant: US$15 million equivalent
Project ID: P115767
Project Description: The objective of the project is to provide Nepal with at least 100 Megawatts (MW) of additional electricity and help minimize power blackouts. The project will also see the establishment of cross-border transmission capacity of about 1,000 MW and develop key segments of the backbone high voltage system to help expand access to electricity across Nepal.
For more information, please visit: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P115767
Tunisia – Governance and Opportunity Development Policy Loan
IBRD Loan: US$250 million and EUR 168.3 million
Terms: Maturity = 30 years; Grace = 5 years
Project ID: P126094
Program Description: The objective of this project is to support the transition government’s program, focused on governance and employment opportunity. At the same time, this financial support will also help mitigate the risks of a more economic downturn, which would likely affect the poor the most. The program focuses on measures to strengthen citizen voice and inclusion, government transparency and accountability, and to create economic opportunities for all Tunisians. This loan has been prepared jointly with the African Development Bank (AFDB), the European Union (EU), and the French Development Agency (AFD), in collaboration with the Japanese Development Agency (JICA) and United Nations Development Program (UNDP).
For more information, please visit:
http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P126094
WASHINGTON, July 5, 2011 - The World Bank’s Board of Executive Directors approved the following projects:
Ethiopia –Urban Local Government Project [Additional Financing]
IDA Credit: US$150 Million Equivalent
Terms: Maturity = 40 years; Grace = 10 years
Project ID: P125316
Project Description: The development objective of the project is to support the urban local government in improving the planning, delivery and sustainability of municipal services and infrastructure.
For more information, please visit here: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P125316
Grenada – Safety Net Advancement Project (SNAP)
IDA Credit: US$5.0 Million Equivalent
Terms: Maturity = 40 years; Grace = 10 years
Project ID: P123128
Project Description: The development objectives of the project are to strengthen the basic architecture of the consolidated Conditional Cash Transfer Program and the capacity of the Ministry of Social Development to implement it; to improve coverage of poor households receiving cash transfers and to improve education outcomes of poor children and health monitoring of vulnerable households.
For more information, please visit here: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P123128
India – Proposed Credit for the National Rural Livelihoods Project
IDA Credit: US$1 Billion Equivalent
Terms: Maturity = 25 years; Grace = 5 years
Project ID: P104164
Project Description: The project objective is to strengthen implementation of the Government of India’s newly launched National Rural Livelihoods Mission, one of the world’s largest poverty reduction initiatives totaling approximately $7.7 billion, which aims to reach 350 million people or almost a quarter of India’s population.
For more information, please visit here: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P104164
Mali - Second Transport Sector Project [Additional Financing]
IDA Credit: US$27 Million
Terms: Maturity = 40 years; Grace = 10 years
Project ID: P121693
Project Description: The project aims to provide access and better transport services to Mali’s rural and urban communities through improvement of essential rural infrastructure and Bamako transport infrastructure.
For more information, please visit here: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P121693
Nepal – Modernization of Rani Jamara Kulariya Irrigation Scheme - Phase 1
IDA Credit: US$23.6 Million Equivalent
Terms: Maturity = 40 years; Grace = 10 years
IDA Grant: US$19.4 Million Equivalent
Project ID: P118179
Project Description: The project objective is to support the modernization of the Rani Jamara Kulariya Irrigation system by substantially rehabilitating and upgrading the main and secondary irrigation and drainage systems and flood management infrastructure, and by training Water Users Associations to improve their ability to manage the water and maintain the infrastructure. It will also carry out a series of agriculture production support activities in the project area through demonstrations, farmers’ field schools, and other adaptive processes.
For more information, please visit here: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P118179
Vietnam – Clean Production and Energy Efficiency Project
GEF Trust Fund Grant: US$2.37 Million
Project ID: P116846
Project Description: The project aims to strengthen the capacity of the government of Vietnam and other key stakeholders to effectively deliver the national energy efficiency program. This will help to improve energy efficiency and reduce associated greenhouse gas emissions.
For more information, please visit here: http://web.worldbank.org/external/projects/main?pagePK=64283627&piPK=73230&theSitePK=40941&menuPK=228424&Projectid=P116846