IBRD LOAN: US$75.3 million
TERMS: Grace period = 5 years; Maturity = 15 years.
PROJECT DESCRIPTION: The goal of the project is to support the Government’s efforts to develop the Port of Ploce, the second largest port in Croatia. The project, built on a partnership between the Government of Croatia, the Port of Ploce, the World Bank and the European Bank for Reconstruction and Development, is expected to be a major driving force in achieving a direct increase in economic growth for the southern region of Croatia as well as for neighboring countries such as Hungary and Bosnia and Herzegovina.
