World Bank Supports Water & Sanitation Projects [Archives:1998/15/Local News]
The Minister of Electricity and Water, Mr. Ali Hameed Sharaf has been successful in securing a $350 million from the World Bank. The money will be used to finance water and sewage projects in Sanaa and in other areas in urgent need of such projects.
The World Bank has agreed to announce the tenders before completing the usual offer procedures. This will save 5 to 7 months off the set implementation period of 2 years, said a statement issued by the National Water and Sanitation Authority (NWSA).
An agreement was signed on 16 March to start work on designs for the Western Akma sewage system, water grid in Hasaba, and finding a solution for the Al-Joraf water system. The tender will for these projects will be announced within a month.
The $350 million soft loan will be given over a period of 3 or 4 stages up to the year 2020.
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