ADB Approves $115 Million Loan for Nepal's Water and Sanitation
Summary
ADB has approved a $115 million concessional loan to improve water supply and sanitation in Nepal's municipalities, benefiting over 850,000 citizens across 13 districts.
Key Points
- Asian Development Bank approved $115 million loan for water and sanitation improvement in Nepal.
- The project will benefit more than 850,000 people in 13 districts.
- It focuses on expanding drinking water access and managing sewerage and wastewater.
- ADB Nepal Country Director Arnô Koshal highlighted urbanization pressures and hopes for enhanced water and sanitation access after the project.
