ADB approves $115 million loan to boost water, sanitation services in Nepal municipalities
Summary
The Asian Development Bank has approved a $115 million concessional loan to improve water supply, sanitation services, and urban resilience in 13 rapidly growing municipalities in Nepal, benefiting over 850,000 people.
Key Points
- ADB approved a $115 million concessional loan for water and sanitation improvements in Nepal municipalities.
- The project will benefit over 850,000 people across 13 municipalities with improved water supply and sanitation.
- Infrastructure expansion includes tube wells, treatment facilities, distribution networks, and wastewater treatment plants.
- The initiative incorporates climate adaptation, municipal capacity building, and aligns with Nepal's Sixteenth Plan.
