Announcement of Forty-Six Million US Dollars Loan to Morocco for Agriculture on November 13, 1969

•• • INTERNATIONAL BANK FOR .... RECONST~RUCTION AND DEVELOP~vA.Ef'1T 1818 H STREET, N.W., WASHINGTON D. C. 20433 TELEPHONE: EXECUTIVE 3-6360 hank Press Release No. 69/63 Subject: $23.5 million loan to Kenya September 24, 1969 for roads The World Bank today approved a $23.5 million highway loan to Kenya. '.i:his bd:~1gs to $49. 5 million the financial support extended since 1960 by the Bank and its affiliate, the International Development Association (IDA), to Kenya'~ J cn.g-range road ex pans ioK::. ·and improvement program. The new Bank loan will be for 25 years, including 10 yea~s of grace, an<l ,1 ill bear interest of 7% per annum. It will cover the bulk of the foreigp. er- ~hange requirements of a $36.3 million project, which is a high-priority seg- • r~.ent of the country's highway program for J.969-1974 totaling about $90 mil- lion. · An additional $800,000 will be made available through the reallocation . .:: the pa lance of a 1967 IDA credit for agricultural roads. The project as a whole represents an extension of earlier Bank/IDA road zin•.mcing in Kenya and will result in major benefits to agriculture and tourism. ~ncluded are the reconstruction of 18 sections of feeder roads totaling 288 miles, and of 5 sections of trunk roads totaling 85 miles; the construction of 268 miles of roads in a sugar growing district; the improvement of 366 miles of farm-access roads in settlement areas; engineering services; and a study to strengthen the organization of the Ministry of Works. Of the 18 feeder roads marked for reconstruction, 15 are in the fertile :?t·ca between Nairobi, Mount Kenya and Lake Victoria, and are of gre~t import··· a:ice for further agricultural development. Engineering for most of these rca.!s v·H-1 carried out under an earlier IDA credit. /mot~ Bank P.R. No. 69/63 - Kenya-Roads " ti~n and market centers. - 2 - The five sections of trunk roads link some of the country's key produc- Heavy traffic in recent years has caused deteriora- • tion of these roads, and reconstruction has been judged more economic than pa·::chwork and continued costly maintenance. A component of the project represents the second and final phase of road development for Kenya's sugar cane scheme, east of Kisumu. The first ~base is currently under way with financing from an earlier IDA credit. These new roads will permit the addition of another 18,700 acres to the area already under sugar cultivation, and thus enable the three existing factories to reach. their planned capacity of 6,000 tons of cane per day. This increase in production will be for domestic conswnption. • When large European farm holdings were converted between 1962 and 1966 into 10 to 70-acre p!ots and offered to indigenous farmers, an adequate road :. -:;twork was planned to serve the new settlements. Lack of finance prevented much of it from being built, and most of the roads that were built have deteriorated to the point of being impassable in wet weather. These roads will now be reconditioned to permit year-round marketing of perishables, particularly milk. - 0 - •  • I /J To Northern Kenya & Ethiopia '.j , - ~ I =11 ~ I ~ I ~ I ~ I I .,. \ \ \ '·,., KENYA \ THIRD HIGHWAY P·ROJECT \ G~tic~'"*}i SETTLEMENT AREA MIWANI-CHEMEL!L-MUHORON~~-' ' f,~.J>.'~-~ SUGAR CANE SCHEME ·, (~ MOUNTAINS ., EXISTING ROADS PAVED ROADS ' '·'·,. GARSEN OTHER MAIN ROADS ' · ,. r" Al 1-t-+--i RAILWAYS ~ 1W' 'r-NAMANGA PROJECT ROADS ~ ~ 41 '· '· TRUNK ROADS /W' n'· FEEDER ROADS u 41'' FEEDER ROADS t L Ngombeni-Kwale 11. Njoro-Enangipiri 2 • ~t.<ingi Bridge and Approaches 12. Jamji-Sotik 3. ~laiyani-Nunguni 13. Kisii-Tinga Junction & Manga Spur If • Ena -111uchi 11/. Homa Bay-Kendu Bay 't~ 5. Meru-ll/kubu 6. Nyeri-lhururu 7. Fort Hall-Othaya 15. Kakamega-Mumias-~layoni 16. Mulwanda-~lunias Mayoni - Bungoma '-·, ~'(, 8. Uplands-Longonot Turnoff 9. Gilgil - 01 Joro Orok l 7 • Kerugoya- Kagumo 18. Nandi Escarpment - Kapsabet \ .... , ~:IS! ~-IF! ~T.~KAUflGA 0 1 o. Njoro-~lau Slll1lmit ·,·, :::.f:" ~· . ~ TRUNK ROADS ·, ,}{~~PA ,'t '·,·, A. l•lariakani - Mackinnon Road ,i~~:~ASA B. Fort Hall - ,,lakuyu Turnoff C, Kericho - Mau Slll1lmi t -:'r~~-oMBEN 1 ~~ D. Senctwet - Ahcro E. }!au Slll1lmit - Eldoret ·,·, Aft.· ..•:MSAMBWENI ' August 1969 20 1/0 60 80 100 Ml LES 20 '10 60 80 100 Kl LOMETERS /JtHiW? IBRD 2533Rl-