Tag Archive | Asian Development Bank
Cambodia: ADB plans US$ 27 million loan for rural water and sanitation
As part of the new Country Partnership Strategy (CPS) for 2011-2013 for Cambodia, the Asian Development Bank (ADB) is planning a US$ 27 million loan and a US$ 800,000 technical assistance grant for the Rural Water Supply and Sanitation III project. Source: ADB Country Operations Business Plan : Cambodia 2011–2013. June 2011. Download full plan […]
Australia contributes A$15 million to ADB Water Financing Partnership Facility
The Government of Australia is contributing an A$15 million (US$ 16.2 million) untied grant to the Asian Developmen Bank’s (ADB) Water Financing Partnership Facility, on top of an initial contribution of A$10 million (US$ 10.8 million). The fund, established in 2006, aims to provide more people in Asia and the Pacific with better access to […]
India: US$ 2 billion unused aid for water and sanitation
India is sitting on 89.95 billion rupees (US$ 2 billion) of unused foreign aid for water supply and sanitation, according to a report by government auditor Comptroller and Auditor-General of India (CAG). As of 31 March 2010, unutilised committed external assistance for 16 sectors, including water and sanitation, amounted to 1,053 billion rupees (US$ 23.7 billion). […]
Sri Lanka: US$ 164 million project to address water, sanitation issues in conflict-affected areas
The Asian Development Bank (ADB), the Agence Française de Développement (AFD) and the Sri Lankan government are jointly financing a US$ 164 million project to restore water supply and sanitation infrastructure to the conflict-affected Northern Province. The ADB has approved US$ 90 million in loans and technical assistance, AFD is expected to provide US$ 40 […]
Asian Development Bank invests in private equity water infrastructure fund
The Asian Development Bank (ADB) is investing up to US$ 20 million for its first-ever investment in a private equity fund solely focused on supporting the development of water-related infrastructure in the region. ADB’s Board of Directors approved the equity investment in the Amkonzen Asia Water Fund which will invest in water and wastewater assets […]
China, Shandong Province: Asian Development Bank to help improve dam quality
The Asian Development Bank (ADB) is helping water-scarce Shandong Province to rehabilitate and improve the efficiency of nine ageing dams with a US$ 29.8 million technical assistance loan. The Risk Mitigation and Strengthening of Endangered Reservoirs in Shandong Province Project will “set the standard for efficient, safe and cost-effective reservoir operation and management nationwide”. “This […]
Asia: development banks set up shari’ah-compliant infrastructure fund
The Asian Development Bank (ADB) and the Islamic Development Bank (IDB) agreed, in June 2009, to set up Asia’s first major multi-country Islamic infrastructure fund. The Islamic Infrastructure Fund, targeted at US$ 500 million, will make Shari’ah-compliant equity investments in the 12 countries that are borrowing members of both development banks; currently Afghanistan, Azerbaijan, Bangladesh, Indonesia, […]
Philippines: Financing Models for Small Scale Water Service Providers
In January 2009, the Streams of Knowledge Foundation started a 10-month Piliot and Demonstration Activity (PDA) on Assessing and Developing Models for Financing Small Scale Water Service Providers (SSWSPs) with US$ 50,000 funding from the Asian Development Bank (ADB). SSWSPs bring water to rural and urban population unserved by water utilities, playing a vital role in meeting water and […]
Multitranche financing: how Indian water sector is using ADB’s new financing products
India, has increased its loans from the Asian Development Bank (ADB) in the past couple of years, more than any of its Asian neighbors, after being introduced to the bank’s new financing modalities [such as the] multitranche financing facility (MFF), with its reduced commitment fees and flexible long-term management set-up. Already ongoing are four MFFs […]
Sri Lanka: ADB Supports Water and Sanitation Improvements in Dry Zone
Key urban centers in Sri Lanka’s Northern and Northwestern Provinces are utilizing Asian Development Bank (ADB) funds to upgrade neglected and overstretched water and sanitation systems. ADB is providing a 32-year loan of $59.78 million and a grant of $23.22 million from the Asian Development Fund for the Dry Zone Urban Water and Sanitation Project […]
