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Article: Argentina : Buenos Aires province to receive US$270mn for road, sanitation projects.
- Article from:
- TendersInfo
- Article date:
- May 9, 2008
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Byline: pinto03
Argentine government officials and Buenos Aires province governor Daniel Scioli signed an agreement to assign a US$270mn World Bank loan to improve infrastructure in the province, online news service Infobae reported. The loan has an 11 year term and includes a four-year grace period.
The funding will be used to improve the greater Buenos Aires road network to reduce accidents and increase safety, and to ensure a smoother exit for produce and facilitate its entry to the ports, Scioli was quoted as saying. Investments of approximately US$113mn will be allotted for road improvements, the report said.
Planned works include the ...