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Transactions - APRIL 21, 2020

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AIIB loans $170m for sanitation infrastructure in Bangladesh

by Kali Persall

The Asian Infrastructure Investment Bank (AIIB) has approved a $170 million loan to improve sanitation infrastructure in Bangladesh.

The funds will be used to reconstruct two trunk mains, build a new secondary and tertiary network, and construct a wastewater treatment plant, according to AIIB. The investment also will help strengthen the capacity of the Dhaka Water Supply and Sewerage Authority and test the feasibility of locally adapted collection and sewage treatment solutions.

The Dhaka Sanitation Improvement project, which will be co-financed with the World Bank, will support government investments in sanitation infrastructure comprising sewerage systems, sewage treatment and pilot measures for areas in the Pagla catchment, one of the most densely populated areas of the city.

Some 1.5 million residents in Dhaka, Bangladesh’s capital, are expected to benefit from improved sanitation services, according to AIIB.

“AIIB is committed to ensuring that i

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