ADB approves $180m loan for advancing municipal services in Punjab


ISLAMABAD: The Asian Development Bank (ADB) has approved a loan of 180 million dollars for Pakistan. The loan was approved in the Executive Director Board meeting of the ADB. According to the Bank’s press release, the Asian Development Bank (ADB) has approved a $180 million loan to improve water supply and solid waste management services in two rapidly growing cities in Pakistan’s Punjab province. Expected to benefit as many as 1.5 million people, the Developing Resilient Environments and Advancing Municipal Services in Punjab Project will curtail excessive groundwater extraction and urban environment degradation by expanding and modernizing urban water supply in Rawalpindi and solid waste management systems in Bahawalpur. “This project will help make municipal services in these two cities more sustainable, resilient, and less carbon-intensive,” said ADB Director General for Central and West Asia Yevgeniy Zhukov. “By helping to deliver reliable water supply and improving waste management, we expect to significantly improve the lives of people in Rawalpindi and Bahawalpur.” In Rawalpindi, the project will help build new surface water intakes and a water treatment plant with a capacity of 54 million liters a day. It will lay transmission and distribution pipes to serve 82,000 households with metered connections. The financing will also upgrade water pumps and transmission mains to augment surface water supply and establish three pilot district metering areas to enhance operational efficiency. DNA