ADB to provide $ 250 mn for Dhaka Water Supply Project

ADB to provide $ 250 mn for Dhaka Water Supply Project

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The Asian development Bank (ADB) will provide $ 250 million to Bangladesh for ‘Dhaka Environmentally Sustainable Water Supply’ to increase supply of surface water in the capital.
Economic Relations Division (ERD) secretary Md Mejbahuddin and ADB new country director Kazuhiko Higuchi will sign a concessional loan agreement on behalf of their respective sides on Thursday at the NEC-II conference room in the city’s Sher-e-Bangla Nagar area, said an official at the ERD.The official said under the project, surface water of Meghna River would be brought to the capital through pipeline and then treated after setting up a treatment plant.
Of the total estimated cost of US$ 675 million for the project, the European Investment Bank and Agence Française de Développement (French Agency for Development – AFD) would provide $100 million each while the government would provide $225 million apart from ADB’s stake of $250 million.
Amid gradually decline in ground water level, the project is also expected to assist the Dhaka WASA’s bid to supply 1.9 billion liters of surface water per day to the Dhaka city dwellers by 2021. – UNB

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