ADB Approves $60.9 Million to Strengthen Urban Water, Sanitation in Papua New Guinea
Papua New Guinea, Feb. 24 -- The Asian Development Bank (ADB) has approved a $60.9 million loan to improve water supply and sanitation in urban communities in Port Moresby and Vanimo, Papua New Guinea (PNG).ADB's financing includes a $30 million regular ordinary capital resources loan and a $30.9 million concessional ordinary capital resources loan. The Government of PNG will provide $3 million in counterpart financing. An additional $1.5 million technical assistance grant from ADB will support digital systems integration, institutional strengthening, and exploration of public-private partnership opportunities. The Urban Water Supply and Sanitation Security and Resilience Improvement Project will enhance the reliability of piped water syste...
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