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World Bank Set to Provide $280 Million Loan for Chattogram's Water Infrastructure

2024-11-28 04:54:49.479000

The World Bank is poised to provide a $280 million loan aimed at upgrading the water supply and sewerage systems in Chattogram, Bangladesh. This significant financial support comes as the Bangladesh government negotiates terms with the World Bank to enhance the city's aging infrastructure. The project will focus on replacing older pipelines, improving surface water utilization, and installing smart systems to streamline operations [1a19c423].

Chattogram Water Supply and Sewerage Authority (CWASA) is set to replace approximately 300 kilometers of pipelines and install 87,000 smart meters as part of this initiative. The total project cost is estimated at Tk 37.45 billion, and it has received a recommendation for approval from the Planning Commission's Project Evaluation Committee, pending final approval from the Executive Committee of the National Economic Council (ECNEC) [1a19c423].

CWASA currently operates a vast pipeline network of 1,300 kilometers, and this new project builds on previous efforts that included the replacement of 45 km, 150 km, and 700 km of pipelines. The enhancements are expected to significantly improve the efficiency and reliability of water services in Chattogram, contributing to the city's overall economic development and public health [1a19c423].

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