Lebanon - Greater Beirut Water Supply Project : additional financing (Anglais)

The development objective of the Greater Beirut Water Supply Project for Lebanon is to increase the provision of potable water to the residents in the project area within the Greater Beirut region, including those in the low‐income neighborhoods of Southern...  Voir la suite The development objective of the Greater Beirut Water Supply Project for Lebanon is to increase the provision of potable water to the residents in the project area within the Greater Beirut region, including those in the low‐income neighborhoods of Southern Beirut, and to strengthen the capacity of the Beirut Mount Lebanon Water Establishment in utility operations. This Project Paper seeks the approval of the Executive Directors to provide an additional loan in the amount of USD 90 million to the Lebanese Republic for the Greater Beirut Water Supply Project. The proposed Additional Financing (AF) will meet a financing gap under the parent project and help finance the costs associated with scaling up of investments, and achieving expected results of the project. Specifically, the AF will cover the scale up of: (i) volume of three regional reservoirs that were planned under the project and support supervision and contingency costs associated with the reservoirs; and (ii) utility‐strengthening activities, including supporting one performance‐based contract (PBC) to monitor pressure meters, identify leakages, and repair pipes as needed in Achrafieh, and one output‐based contract for leakage reduction activities, including establishing district metered areas (DMAs) and installing customer meters in parts of North Beirut and Southwest Beirut. The AF will cover the financing gap for: (i) the optional part of the contract for pipelines; and (ii) expropriation costs for two regional reservoirs. The second level of restructuring of the project comprises: (i) adjustment to the Results Framework (ii) addition of a component (Land Acquisition and Resettlement Compensation); (iii) reallocation of funds from disbursement Category 4 to Category 3; and (iv) an extension of the closing date from June 30, 2019 to November 30, 2020.  Réduire

Document disponible en : Arabe