Additional Financing for St. Petersburg Economic Development Project

The Russian Federation has applied for a loan in the amount of US$ 200 million equivalent from the International Bank for Reconstruction and Development (IBRD) toward the cost of the Additional financing for the St. Petersburg Economic Development Projectand it intends to apply part of the proceeds to payments for goods, works, related services and consulting services to be procured under this project. This Project will be jointly financed by the Russian Federation. The Project includes two components: Preservation of Cultural Heritage Sites Project Management and Monitoring The following sub…