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HIGHWAY

Abstract*

The overall objective of the Highway Project will be to preserve the Latvian road network and minimize total road transport costs. The specific objectives of the project are to: a) expand the periodic maintenance level where economically justified; b) improve road maintenance efficiency and quality by introducing improved technology and quality control and increasing the Latvian Road Administration's cost consciousness and economic justification capabilities;...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

THE PROJECT WILL FOCUS ON (A) REHABILITATION OF SECTIONS OF THE MAINROAD NETWORK; (B) BRIDGE REPAIR; (C) A PILOT PROJECT ON GRAVEL ROADMAINTENANCE AND LOW COST BITUMINIZATION OF GRAVEL ROADS; (D)LABORATORY EQUIPMENT; (E) TECHNICAL ASSISTANCE; AND (F) A ROADSAFETY PROGRAM.

Key Details

Project Details

  • P008532

  • Closed

  • Cesar Augusto Queiroz

  • N/A

  • Latvia

  • March 27, 1997

  • (as of board presentation)

    March 27, 1997

  • July 10, 1997

  • US$ 41.10 million

  • B

  • Not Applicable

  • December 31, 2000

  • BANK APPROVED

  • March 11, 2021

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 20.00
EC: PHARE 5.80
FINLAND, Govt. of (Except for Min. for Foreign Affairs) 0.30
KUWAIT, Govt. of 15.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 20.00
IDA Commitment N/A
IBRD + IDA Commitment 20.00
Lending Instrument
Grant Amount 21.10
Total Project Cost** 56.90

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Mar 15, 2014 IBRD-41450 Loan Repay 795,000.00
Mar 15, 2014 IBRD-41450 Int Charges 2,358.26
Sep 15, 2013 IBRD-41450 Loan Repay 835,000.00
Sep 15, 2013 IBRD-41450 Int Charges 5,331.90
Mar 27, 1997 IBRD-41450 Loan Commitment 20,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 07-02-2001PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingHighly Satisfactory N/a
Risk To Development OutcomeNot RatedN/a
Bank PerformanceHighly SatisfactoryN/a
Borrower PerformanceHighly SatisfactoryN/a
Government PerformanceHighly SatisfactoryN/a
Implementing AgencyHighly SatisfactoryN/a
Icr QualityExemplaryN/a
M&e QualityNot RatedN/a

Results Framework

No data available.