Dhaka: Sustainable Water Project Gets Injection

Additional $135 Million USD Loan Agreement Signed

16 Mar 2022 by OOSKAnews Correspondent
DHAKA, Bangladesh

The Dhaka Environmentally Sustainable Water Supply Project has received an additional $135 Million USD in financing from the Asian Development Bank.

The project aims to improve access to and quality of inclusive water supply services and promote environmentally sustainable surface water supply in Dhaka.

Proceeds of the new funding will be applied to continue the project’s objectives: lower nonrevenue water, transition to surface water sources, rationalize tariffs, and protect water intake rivers. In addition, funds will be used to support the empowerment of women and vulnerable groups to offer more efficient water services.

The project has already received $675 Million USD with contributions from the Asian Development Bank, Agence Française de Développement, the European Investment Bank and the Government of Bangladesh.

“The project supports the policies and strategies of Bangladesh and ADB for climate-resilient urban development, more livable cities, green growth, and environmental sustainability,” said Asian Development Bank Country Director Edimon Ginting.

 

The additional assistance will finance new schemes including a surface water intake, raw water transmission line, a water treatment plant, treated water transmission line, and primary and secondary distribution lines, in addition to improving the existing distribution network as part of continued efforts to reduce non-revenue water.

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