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Municipal Development Project

The Municipal Development Project aims to make financing available for infrastructure investments in smaller and medium Lithuanian municipalities, in support of continuing Government reform of local government finance; to strengthen the municipalities’ capacity for investment planning, capital budgeting, financial management, and the ability to deliver improvements in basic urban services; and to work with other international finance institutions and key bilateral partners in supporting a more effective system of local government administration and finance in preparation for European Union (EU) accession. The three project components are 1) a line of credit to finance viable investment subloans for institutional capacity building, training, management consulting support to municipalities, and project preparation assistance; 2) technical assistance to finance infrastructure projects at the municipal level including water supply, wastewater treatment, solid waste management, district heating, energy efficiency renovations, and street lighting; and 3) financing of the institutional development of HUDF (Housing and Urban Development Foundation) by providing personnel, equipment, and vehicles.
   
 
 Status: Active
 Manager: Jeffrey Balkind
 Major Sector: Urban Development
 SubSector(s): Urban Develop. Adj.
 Project Id: P035802
 Board Approval Date: 5/27/99
 Closing Date: 6/30/05
 Total Commitment At Board* (USD$M): 20.1
 Lending Instrument: SPECIFIC INVEST LN
 Borrower: REPUBLIC OF LITHUANIA
 Implementing Agency: MINISTRY OF FINANCE
Available Project Documents
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Project Information Document (PID) 
Project Appraisal Document (PAD) 
 
* Does not reflect any cancellations.
Disclaimer: This information is provided for your convenience, is not necessarily complete, and is not intended to replace other official reports (also see terms & conditions)
   

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