The assistance under the ‘Urban Infrastructure Improvement Preparatory Facility’ will help manage the technical and implementation issues upfront to secure high readiness of the ensuing investment projects.
Secretary, Economic Relations Division (ERD)Monowar Ahmed and Country Director, ADB Manmohan Parkash signed the agreement on behalf of Bangladesh and ADB, respectively.
“Sound technical capacity for project preparation and implementation, high quality feasibility studies, safeguards, engineering designs, and efficient procurement and contract management are critical for smooth project implementation,” said ADB Country Director Parkash.
He said this facility will help prepare priority urban projects by addressing technical and implementation issues so that investment projects are implemented quickly with the highest standards.
The project will support Department of Public Health Engineering in preparing water supply and sanitation investment projects in selected secondary towns and city corporations where development is lagging.
In target towns, the facility will support the shift from intermittent and groundwater-based supply to continuous supply from surface water.
It will also support the Narayanganj City Corporation (NCC) in improving water supply, drainage, and urban roads.
The facility includes support to build NCC’s capacity for municipal financial management to ensure the sustainability of urban infrastructure investments, and their operation and management.