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Arab bank gives $20m

By Vision Reporter

Added 21st December 2004 03:00 AM

The Arab Bank for Development of Africa (BADEA) has released a $20m (sh34b) grant for development of water supply projects in 11 towns, an official has said.

The Arab Bank for Development of Africa (BADEA) has released a $20m (sh34b) grant for development of water supply projects in 11 towns, an official has said.

By David Muwanga
The Arab Bank for Development of Africa (BADEA) has released a $20m (sh34b) grant for development of water supply projects in 11 towns, an official has said.
“The grant is for the design and construction of water sites. We are doing feasibility studies in the first eight towns. Construction will begin in March next year,” a board member of the Word Bank, Dr. Ashraf Ismail, said.
Ismail said this recently at the Egyptian Irrigation Mission offices in Nakasero, Kampala.
He is in the country for two weeks to assess the progress of the project, which is being implemented by Egyptian firms.
Sironko water supply and sanitation projects are estimated to cost $4m and $500,000 respectively. Soroti water supply and treatment projects will cost $6m, while the the sanitation project will cost $1m.
Kaberamaido’s project will cost $2m, while sanitation will take up $300,000.
Ismail said BADEA is one of the first multi-lateral institutions to extend debt relief to Uganda under the Highly Indebted Poor Countries Initiative.
He said the bank chooses projects, which aim at improving the lives of people by reducing poverty.
Ismail said by the end of March this year, BADEA’s assistance to Uganda consisted of 12 projects and nine technical operations.
Ends

Arab bank gives $20m

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