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Announcement of Eleven Million Six Hundred Thousand Dollars Transport Loan to South Africa on June 10, 1959 (Inglês)

This press release, dated June 10, 1959, announces the World Bank loan equivalent to 11.6 million dollars to the Union of South Africa. The funds will help to carry out a railway expansion program that has been one of the chief objects of public investment in the Union ever since the program first begun, soon after the end of second world war. This is the Bank’s sixth loan for the improvement of railway services and brings the total it has lent for that purpose to nearly 137 million dollars.

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