Nicaragua – Land Administration Project

WASHINGTON, February 16, 2010 - The World Bank’s Board of Executive Directors today approved the following project:

IDA Credit: US$10 million equivalent
Terms: Maturity = 40 years; Grace Period = 10 years
Project ID: P117836

Project Description: The additional financing for the Land Administration Project will focus on the central-Pacific area, mainly helping to scale up land regularization activities within the original project municipalities in Chinandega, Esteli and Madriz, and cadastral and land regularization activities in new municipalities in Madriz and Leon. The funding will also support the necessary institutional strengthening, info-systems consolidation, project management, and monitoring and evaluation.

Media Contact
Gabriela Aguilar
(202) 473-6768
gaguilar2@worldbank.org

For more project information, please visit:
http://web.worldbank.org/external/projects/main?pagePK=64312881&piPK=643...

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