Economic Reporter :
The government will sign a $275 million agreement with the Asian Development Bank (ADB) next week to fund a project for ensuring supply of safe drinking water in the capital city.
ERD Senior Secretary Mohammad Mejbahuddin and ADB Country Director Kazuhiko Higuchi will sign the loan agreement on behalf of their respective sides while Managing Director of Dhaka Water Supply and Sewerage Authority (DWASA) Engineer Tasqem A. Khan and ADB Country Director Kazuhiko Higuchi will initial the project agreement at the NEC conference room in the city on Sunday.
Under the agreement, Dhaka Water Supply and Sewerage Authority (DWASA) will implement the $408 million Dhaka Water Supply Network Improvement Project. Of the amount, ADB will provide $275 million from its ordinary capital resources under a soft-term loan agreement.
“Dhaka city dwellers will get supply of safe drinking water 24-hour a day once the project is implemented,” Deputy Project Director Engineer Abdus Salam told The New Nation.
Salam said the project, which is expected to be completed by 2021, is aiming at improving the water supply system in Dhaka by making it more reliable, sustainable, and climate-resilient. It would also enhance the efficiency of the water distribution network and improve the service delivery and the capacity of DWASA.
The project would also help DWASA to prepare and implement an operational and financial improvement plan by enhancing the existing five-year corporate business plan and build capacity for planning, design, construction supervision, and project management, he said.
The government will sign a $275 million agreement with the Asian Development Bank (ADB) next week to fund a project for ensuring supply of safe drinking water in the capital city.
ERD Senior Secretary Mohammad Mejbahuddin and ADB Country Director Kazuhiko Higuchi will sign the loan agreement on behalf of their respective sides while Managing Director of Dhaka Water Supply and Sewerage Authority (DWASA) Engineer Tasqem A. Khan and ADB Country Director Kazuhiko Higuchi will initial the project agreement at the NEC conference room in the city on Sunday.
Under the agreement, Dhaka Water Supply and Sewerage Authority (DWASA) will implement the $408 million Dhaka Water Supply Network Improvement Project. Of the amount, ADB will provide $275 million from its ordinary capital resources under a soft-term loan agreement.
“Dhaka city dwellers will get supply of safe drinking water 24-hour a day once the project is implemented,” Deputy Project Director Engineer Abdus Salam told The New Nation.
Salam said the project, which is expected to be completed by 2021, is aiming at improving the water supply system in Dhaka by making it more reliable, sustainable, and climate-resilient. It would also enhance the efficiency of the water distribution network and improve the service delivery and the capacity of DWASA.
The project would also help DWASA to prepare and implement an operational and financial improvement plan by enhancing the existing five-year corporate business plan and build capacity for planning, design, construction supervision, and project management, he said.
