ADB approves fourth credit tranche of $ 42 million for Uzbekistan’s water supply modernization
Tashkent, Uzbekistan, Dec.9
By Demir Azizov - Trend:
The Board of Directors of the Asian Development Bank (ADB) has approved provision of a loan of $ 42 million to the Uzbek government for a program to improve the water supply in different regions of the country, ADB website reported on Dec.6.
The loan will be allocated from the Asian Development Fund and is the fourth and the last tranche of the ADB debt package of $ 300 million, approved by the Bank to the Uzbek Government in September 2009.
The fourth tranche will be used to modernize the water supply system of two cities in the Fergana region - Fergana and Margilan.
The total cost of the program is $ 375 million. The Uzbek government will allocate $75 million on its implementation.
Between 2009 and 2011, as part of the project for improving the drinking water supply to the rural population in 11 regions of the country, ADB provided the Uzbek government three tranches totaling $ 258 million. The project is to be completed by late 2018.
By 2020 Uzbekistan plans to carry out projects for modernizing the water supply and sewage worth $4.32 billion. The projects will bring the centralized water supply to 100 percent in all cities and in rural areas - up to 85-90 percent, sewage services - to 70 percent in cities and urban settlements with sewage systems.