OECS Tourism Competitiveness Project

WASHINGTON, April 6, 2017 – The World Bank’s Board of Executive Directors today approved the following project: IDA Credit: US$20 million Terms: Maturity = 40 years, Grace = 10 years IBRD Loan: US$6 million Terms: Maturity = 30 years, Grace = 9.5 years Project ID: P152117 Project Description: The objective of the project is to facilitate access and movement of travelers through a pilot ferry service, rehabilitate select tourism sites such as Fort George in Grenada, Fort Charlotte in St Vincent and the Grenadines, and Castries in Saint Lucia, and help position these countries as one multi-island travel destination More information: http://projects.worldbank.org/P152117?lang=en

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