M a r k e t N e w s

Tanzania: India Set to Fund Water Projects

Posted on : Wednesday, 7th September 2016

 Dodoma — The government of India has agreed to provide a 500 million US dollars (1.094 trillion/-) concessional loan to finance water supply projects in 17 councils in Tanzania, the National Assembly was told here yesterday.

The Deputy Minister for Water and Irrigation, Engineer Isack Kamwele, told the House that the funds acquired from the development partner will be spent by the government on implementation of the projects as opposed to earlier arrangements.
The money was to be allocated to councils for the purpose. "All the projects will directly be implemented by the ministry.
This means the money will no longer be allocated to councils to implement the projects," the minister said when responding to Manyoni East Lawmaker Mr Daniel Edward Mtuka (CCM). According to the Deputy Minister implementations of the projects awaits final approvals.
"India and Tanzania signed an agreement last July to finance implementation of water supply and both parts are now working on final arrangements to release the funds," he said.
He named councils to benefit as Manyoni town council, Muheza, Wanging'ombe national water supply project, Makambako, Kayanga- Karagwe, Songea, Zanzibar, HTM national water supply project, Njombe, Mugumu, Kilwa Masoko, Geita and Chunya.
Others are Makonde national water supply project, Sikonge, Kasulu and Rujewa.
Earlier the lawmaker had questioned the government on the timeframe to release some 17 million US dollars out of the approved 500 million US dollars concessional loan from India to implement various water projects.

Source : allafrica.com
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