Electricity and water project boosted by $25.5m grant
31 March 2010
Water and electricity infrastructure in the Republic of Congo could see improvements thanks to a grant.
The World Bank approved the grant from the International Development Association worth $25.5 million (£16.8 million) yesterday (March 30th), which is designed for the county's Water, Electricity and Urban Development Project.
According to the World Bank: "The project's objective is to increase sustainable access to basic infrastructure, services and safe drinking water for the inhabitants of targeted areas in Brazzaville and Pointe Noire."
The Republic of Congo's government will also match the funds by $100 million, as part of a partnership between the two sides.
Part of the scheme will see the country's electricity sector reformed and the whole project will occur over a five-year period.
Some 1.2 million people living in Pointe-Noire and Brazzaville will be affected by the project.
The nation's agricultural productivity should also be boosted after the World Bank approved a $120 million grant for the faming sector.