USAID. MISSION TO ZAIRE
Loan to the Government of the Congo to finance the commodities and related services needed to improve the effectiveness of two transport sector agencies which have deteriorated since the Congo became independent in 1960: Congo Transport Development Office (OTRACO) and Marine and Navigable Waterways Services (Voies Navigables).
1970

Abstract
Items to be financed include a floating dry-dock facility for the port of Boma and other equipment urgently needed for effective river transport, the keystone of the Congo"s transportation system. The loan will be disbursed in two tranches. The condition for the first tranche is evidence that a formal decree reorganizing OTRACO and Voies Navigables has been issued and is satisfactory to the UN Development Program/World Bank. The condition for the second tranche is evidence that the initial phase of the reorganizations has been effectively implemented.
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Classification
USAID DEC