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Congo The Democratic Republic Of The Procurement News Notice - 78108


Procurement News Notice

PNN 78108
Work Detail A project on the border between the Central African Republic (CAR) and the Democratic Republic of Congo (DRC) will be set up to support the development of infrastructure and improvement of water resources between the two countries. The project has three components: 1. The first focuses on improving knowledge, governance and infrastructure assets for water resources in the Ubangi Basin, on the border between the CAR and the DRC. 2. The second aims to develop resilient, socioeconomic water infrastructure to support regional integration. 3. The final objective is to build the capacity of institutions at the regional (International Commission for the Congo-Ubangi-Sangha Basin and Economic Community of Central African States) and national levels that will manage, conserve and enhance cross-border water resources. Capacity building efforts will benefit 1,300 stakeholders, while 3,400 jobs will be created, said the African Development Bank (AfDB), which is funding the project through concessional financing. Financing comprises a grant of $118.27 million to CAR and a loan worth $ 16.44m to the DRC. The two Central African countries, along with other development partners, will also contribute to funding the project, which has an estimated cost of $257m. "The project aims to improve peoples socio-economic living conditions and resilience and the ecosystem in the Ubangi cross-border basin for the long term, against a background of climate change and increased fragility," said Serge NGuessan, the AfDBs Director-General for Central Africa. CAR/DRC water projects impact More than 2.4 million people living in the target area will benefit directly from the programme, said the AfDB. The project is scheduled to come into effect in November 2024 for a five-year period, ending in November 2029.
Country Congo The Democratic Republic Of The , Asia
Industry Water & Sanitation
Entry Date 28 Sep 2024
Source https://www.esi-africa.com/industry-sectors/water/water-cross-border-project-in-the-car-drc-to-serve-millions/

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