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ADB Programme
••
STWSSSP
••
UEIP
•
KfW Programme
••
Health Project
••
KfW funded
Municipal
Programme
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Urban
and Environmental Improvement Programme (UEIP)
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Cost
of Project |
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The estimated
project cost is $37.50 million equivalent,
comprising foreign exchange costs of $12.62
million (33.3%) and local currency costs
of $24.88 million equivalent (66.3%). |
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Project
Financing Plan |
| |
| Source |
Foreign
Exchange |
Local
Currency |
Total
Cost |
Percent |
| Asian Development
Bank |
12.62 |
17.38 |
30.00 |
80.00 |
| Government |
- |
4.40 |
4.40 |
11.70 |
| Project Town/Community/Private
Sector Participation |
- |
3.10 |
3.10 |
8.30 |
| Total |
12.62 |
24.88
|
37.50
|
100.00 |
|
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Funding
Ratios by Component and Subcomponents |
| |
| Component |
ADB
Loan converted to Government Grant (%) |
ABD
Loan Converted to Sub loan (%) |
Contribution
from Municipalities (%) |
Contribution
from Users/Community (%) |
Contribution
from Government (%) |
| A |
Municipal
institutional strengthening and Revenue
Mobilization |
30 |
50 |
- |
- |
20 |
| B |
(i) |
Sanitation
and Waste water management |
50 |
30 |
8 |
- |
12 |
| |
(ii) |
Water Supply |
50 |
30 |
8 |
- |
12 |
| |
(iii) |
Neighborhood
Road, Drainage, and water Supply development |
- |
100 |
- |
- |
- |
| |
(iv) |
River Training |
50 |
30 |
4 |
4 |
12 |
| |
(v) |
Road Upgrading |
50 |
30 |
4 |
4 |
12 |
| C |
(i) |
Small Urban
Community Facilities |
30 |
40 |
8 |
4 |
18 |
| |
(ii) |
Revenue Generating
urban Facilities |
- |
80 |
8 |
- |
12 |
| D |
Community Development |
30 |
50 |
4 |
4 |
12 |
| E |
Project Implementation
assistance Centre |
80 |
- |
- |
- |
20 |
| F |
Project Implementation
assistance Municipal |
- |
80 |
8 |
- |
12 |
| G |
Land Acquisition |
- |
- |
100 |
- |
|
| H |
Incremental Admin. Central |
70 |
- |
- |
- |
30 |
| I |
Incremental Admin. Central |
80 |
10 |
10 |
- |
- |
|
| Loan
amount and Terms |
| A loan of SDR 22,699,000 ($30 million
equivalent) from ADB's Special Funds resources
will be provided. The loan will have a 32-year
term including a grace period of 8 years, with
an interest rate charge of 1% per annum during
the grace period and 1.5 per annum thereafter.
|
|
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| Allocation
and Relending Terms |
- Municipalities are required to provide
up-front counterpart funds. By relending
a portion of the ADB loan (SDR 7, 285,000),
the Government will provide the municipalities
with some matching grant funds whose amount/percentage
are primarily determined by the sub-sector
concerned.
- The Government will provide the balance
for the municipalities in the form of loans.
The loans will have an interest rate 8%
per annum with a 20-year repayment period
including a grace period of 5 years.
- In parallel, the Government will relend
a portion of the ADB loan (SDR 2,562,000)
to the TDF with an interest rate of 5% per
annum with a 20-years repayment period including
a grace period of 5 years. The TDF will
onlend the funds to the municipalities with
as interest rate of 8% per annum and a 12-15
year repayment period including a grace
period of 3 years. The Government will bear
the foreign exchange risk.
Period of Utilization : Until 31 March 2010
Estimated Project Completion Date : 30 September
2009 |
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Developed By |
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