ADB loan for Nepal water project

By Indo Asian News Service | Tuesday, January 03, 2012 | 12:34:23 PM IST (+05:30 GMT) 0 Comment

Kathmandu, Jan 3 (IANS) The Asian Development Bank (ADB) will provide a loan for six drinking water projects in Nepal.

Kathmandu, Jan 3 (IANS) The Asian Development Bank (ADB) will provide a loan for six drinking water projects in Nepal.

The projects are in Rupandehi, Dhangadhi, Morang, Jhapa, Arghakhanchi and Baglung, Xinhua reported Tuesday.

The loan agreement was signed Dec 29.

About one billion Nepali rupees ($13 million) will be spent, said Sushil Gyawali, the executive director of the City Development Fund (CDF).

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