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Bolivia will launch in 2020 a project to expand and improve drinking water and sanitation services with help from a $79 million loan approved by the Inter-American Development Bank’s Board of Directors.
The project seeks to improve environmental and health conditions for people living in cities with 2,000 to 20,000 residents by providing more and better-quality potable water and sanitation services. The program will be executed by the ministries of Environment and Water, and Planning and Development.
The program will benefit 44,000-plus households in mid-sized cities throughout the country. These communities, which have historically lagged behind in terms of basic services, are now at the center of the Bolivian government’s development plans.
The IDB-funded project covers the whole lifecycle of the program, from feasibility studies to final design to physical infrastructure execution. The latter comprises building, refurbishing, and/or replacing and enhancing drinking water systems and sewerage networks as well as the construction of wastewater treatment plants and other sanitation solutions.
The program also includes environmental management and community organization arrangements to ensure social control and execution of both the projects and service supply.
The execution stage will also favor a multicultural approach, taking into consideration that most of the beneficiaries are indigenous peoples—a segment of the Bolivian population that lags behind by up to 30 percent in terms of drinking water and sanitation services.
The loan will be disbursed over a five-year period, with a 19.5-year repayment term, a grace period of up to 12.5 years, and a LIBOR-based interest rate.
Original source: IADB
Published on 12 December 2018