Country - Zambia
Summary - Zambia: Irrigation Development Support Project - Additional Financing
Deadline - Dec 31, 2025
GT reference number - 11040559
Product classification -
Address - Zambia
Contact details - 565656565
Tender notice no. - 76454545
GT Ref Id - 11040559
Document Type - Tender Notices
Description - Project ID: P172140Region: AfricaApproval Date (as of board presentation): May 29, 2020Commitment Amount: Us$ 30.00 millionTotal Project Cost: Us$ 30.00 millionThe project has experienced significant exchange rate losses. At project approval on April 2011, the loan amount was SDR 74.7 million, equivalent to US$115 million at an exchange rate of SDR1equal to US$1.54. By end of November 2019, the exchange rate dropped to SDR 1 equal to US$1.38, which has resulted in a loss of more than US$10.5 million. This has limited the project’s ability to complete planned activities. Obtaining this funding will support all project components. ii)The actual cost of the infrastructure works also exceeded
Gt Ref Id - 11040559
Deadline - Dec 31, 2025
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