The World Bank has signed $100m financing agreement with the government of Bangladesh to improve water supply, sanitation, and drainage system in the country.
The agreement is signed to improved water supply in selected 30 municipalities and around 600,000 people are expected to benefit from this project.
The municipal water supply and sanitation project will provide safe piped water to the residents of selected municipalities.
Awarded through International Development Association (IDA), the project involves building infrastructures including water treatment facility, water storage, and a pipe network as well as house connections with water metres.
World Bank country director for Bangladesh and Bhutan Mercy Tembon said: “Today, more and more people are living in cities, creating an urgent demand for quality urban infrastructures, including water and sanitation services.
“This project will help the people living in small towns, including the slum dwellers get piped water and improved sanitation and drainage services.”
Government of Bangladesh secretary, economic relations division Monowar Ahmed said: “In the Sector Development Plan and the National Strategy for Water Supply and Sanitation, the government has aimed for 85 to 90 percent piped water supply coverage in municipalities by 2025.”
Belarus secures $99.3m loan from World Bank for Sustainable Energy Scale-Up Project
The World Bank has also approved $99.3m financing for the new Sustainable Energy Scale-Up Project in Belarus.
With the total cost of the project being $202.25m, the project will also receive $99.3m funding from European Investment Bank, and $3.65m from Global Environment Facility.
The objective of the project is to improve energy efficiency in the country by transitioning heating plants from gas to woodchips.
It will also be aimed at refurbishing the heating systems of multi apartment buildings and offering technical assistance to the national thermal renovation programme.
As part of the project, natural gas consumption will be reduced with the replacement of gas boilers with biomass boilers, providing wood-chipping equipment and biomass fuel storage facilities and upgrading district heating networks.
Earlier in September this year, the World Bank has approved $58m to improve clean water access and sanitation in Tajikistan.
