| Work Detail |
The government of Bangladesh signed a $100 million financing agreement with the World Bank to ensure improved water supply, sanitation, and drainage system in selected 30 municipalities, benefiting about 600,000 people.
The Municipal Water Supply and Sanitation Project will provide safe piped water to residents of selected municipalities that currently do not have piped water facilities. The project will facilitate public-private partnerships and help build infrastructures, including water treatment facility, water storage, transmission and distribution pipe network, house connections, including meters, as well as improved sanitation facilities in low-income areas and slums.
“Today, more and more people are living in cities, creating an urgent demand for quality urban infrastructures, including water and sanitation services,” said Mercy Tembon, World Bank Country Director for Bangladesh and Bhutan. “This project will help the people living in small towns, including the slum dwellers, get piped water and improved sanitation and drainage services. With greater access to clean water, the women will have more time otherwise spent for collecting water, as well the health of their children will improve resulting in better school attendance.”
The project will help construct public toilets. It will invest in septage management and disposal, as well as provide training to cleaning workers in fecal sludge management. It will also identify and mitigate measures for critical areas prone to flooding.
The credit is from the World Bank’s International Development Association (IDA), has a 30-year term, including a five-year grace period, and carries a service charge of 0.75 percent and an interest of 1.25 percent. The project also includes $100 million financings from the Asian Infrastructure Investment Bank (AIIB) and $9.53 million financing from the government of Bangladesh. |
