ADB Provides Additional Loan For Water Supply Project In Dhaka

ADB Provides Additional Loan For Water Supply Project In Dhaka

DHAKA, Mar 2 (NNN-BSS) – The Asian Development Bank (ADB) and the Bangladesh government, yesterday signed agreements for 135 million U.S. dollars, in additional loans for an environmentally sustainable water supply project in Dhaka.

The assistance will provide additional support to the ongoing Dhaka Environmentally Sustainable Water Supply Project, worth 674.9 million dollars.

Fatima Yasmin, secretary of Economic Relations Division, and Edimon Ginting, country director of ADB, signed the loan agreements on behalf of Bangladesh and ADB, respectively in Dhaka.

“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 Ginting.

“We will continue to focus on lowering nonrevenue water, transitioning to surface water sources, tariff rationalisation, capacity development, protecting water intake rivers, and transformative empowerment of women and vulnerable groups, to offer more efficient and quality water services in Bangladesh,” Ginting added.– NNN-BSS

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