Industry: Transportation Region: Macedonia Transaction price: $1 million Transaction method: equity financing
Introduction to the
Project objective: To improve the government's ability to manage local roads and improve access to markets and services.
details
Component 1: Capability enhancement. This component will fund technical assistance and capacity-building activities to build local and central government capacity to manage local roads, adopt sound planning and management frameworks and improve contracting practices.
Component 2: Repair of local roads and community facilities. This component will finance infrastructure investments for municipal roads and streets and related consultations and preparatory processes.
Component 3: Project implementation support. This component will support the project costs of the project execution unit under the Department of Transportation.
Component 4: Emergency response component. Following an eligible crisis or emergency, the borrower may request a reallocation of project funds to support emergency and reconstruction efforts. In this case, the component would finance emergency response and reconstruction from uncommitted loan resources of other project components.