Bangladesh: Emergency 2007 flood restoration and recovery assistance program
Terms: Maturity = 40 years; Grace = 10 years
PROJECT DESCRIPTION: This credit aims to support the Emergency 2007 Flood Restoration and Recovery Assistance Program in Bangladesh. The credit package is designed to ensure speedy recovery and reconstruction through additional financing to three existing Bank projects Municipal Services Project (US$25 million), Rural Transport Improvement (US$20 million), and Social Investment Program (US$25 million provided as grant). It will rehabilitate infrastructure, including flood protection embankments, urban and rural roads and bridges, primary and secondary schools, municipal infrastructure, and flood proofing of all rehabilitation. It also aims to restore livelihoods for the affected poor through micro credit, emergency assistance funds, community infrastructure activities, skills development, and income generating activities.
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Erik Nora at (202) 458-4735 or e-mail email@example.com