Serbia And Montenegro: Environmentally Sensitive Tourist Areas Project

CREDIT AMOUNT:  IDA -- US$7.0 Million

TERMS:  Grace period = 10 years; Maturity = 20 years

PROJECT DESCRIPTION:    This project will create ecological and commercially sustainable solid waste collection and disposal services in Montenegro coastal municipalities, needed to maintain a clean, environmentally attractive coastal area.  The project will also help develop the sector’s institutional, policy and regulatory framework. In addition to the environmental benefits, the project will improve tourism prospects by eliminating the current solid waste collection and disposal problems gravely affecting environmentally sensitive tourist areas on the coast.  For more information, please call Miriam Van Dyck at  (202) 458-2931 or e-mail mvandyck@worldbank.org..