Wednesday, November 04, 2009

NEWS: IDA Funds for Roads in Kyrgz Republic

"WASHINGTON, November 3, 2009 - The World Bank’s Board of Executive Directors today approved the following project:

Kyrgyz Republic: National Road Rehabilitation Project

IDA Credit: US$13.75 million equivalent
Terms: Maturity = 40 years; Grace Period = 10 years
IDA Grant: US$11.25 million equivalent
Project ID: P107608

Project Description: The National Road Rehabilitation (Osh-Isfana) Project for the Kyrgyz Republic aims to contribute to the reduction of transport costs and travel time along the Osh-Batken-Isfana road corridor; and to improve road safety planning. There are three components to the project: 1) rehabilitation of a section of the Osh-Batken-Isfana road corridor; 2) road safety planning improvement; and 3) project management and implementation."
More Information/Source

Finally a new project! This is part of the National Road Rehabilitation Project and is supposed to build approximately 30 km of new roads in addition to fixing some other ones. It's also expected to provide a positive impact for 18% of the population. The report documents associated with the project explain that 60% of the roads are gravel or unpaved which is a large problem for the effectiveness and upkeep of transportation infrastructure.

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