The Asian Development Bank (ADB) has approved $150 million in loans to improve water supply and sanitation services in Georgia.
Furthermore, under the Sustainable Water Supply and Sanitation Sector Development Program, ADB will provide a $130 million policy-based loan and a $20 million project loan.
„Water supply in Georgia ranges from four hours to 24 hours per day, posing a significant health risk during the coronavirus disease pandemic. About 92 per cent of urban and 64per cent of rural residents receive piped water, while 84 per cent of urban and 20 per cent of rural residents have access to sewerage systems. Only 36 per cent of the total population benefit from wastewater treatment", says the ADB.
ADB’s policy-based loan will support the government’s efforts to develop a cohesive water supply and sanitation policy that balances development in urban and rural areas, while the project-based loan will fund operation and maintenance capacity and equipment of the United Water Supply Company of Georgia. It will help to prepare for national-scale rural water supply and sanitation development.
ADB will also administer a $250,000 technical assistance, which will introduce an asset management system with high-level technology for water supply in selected cities. Of this amount, $225,000 will be financed on a grant basis by ADB’s High-Level Technology Fund, while the government will provide the remaining $25,000.
See all the news
All
Financial Services in CAREC
#TheCheckpoints: TIWB & Georgia - Interview with Rusudan Kemularia, Head of TIWB Secretariat
Stoli® Group to Release Limited-Edition Bottle in Support of the Ukrainian People
როგორ მოხვდა 17 წლის ანასტასია ლელაძე ჰარვარდში? - ანასტასია ლელაძე ქალების ნარატივში
"Literally the whole village was waiting for the first harvest of strawberry" - Kvitsiani family from Svaneti
Aliyev replaces long-serving central bank head with loyalist
Putin imposes visa restrictions on citizens from 'unfriendly' countries
BMG-ს მედია რუბრიკა: #პროფესიონალი - გიორგი მიქაია
ყველაზე სანქცირებული რუსი ოლიგარქები
Business Leaders Council by USAID and Georgian Business
ვინ არის მსოფლიოში #1 სნაიპერი “Wali”?
ბინების ქირის ფასი 50%-მდე გაიზარდა
DriveWealth-G&T Cooperation
OECD formally terminates the accession process of Russia
"Today we are all Ukrainians"- Zurab Pololikashvili
Tourism is the main bridge for building understanding - ZURAB POLOLIKASHVILI
FAQ’s and Analysis on Lari & FDI - Interview with Fady Asly
მინერალური და მტკნარი წყლის ფასები ქართულ ბაზარზე
China continues to push competitors out of the global walnut market
Moscow to Host First Meeting of Turkish & Armenian Special Envoys on Jan 14