INVESTMENT
- From: Vol 4, Issue 2 (February 2003)
- Category: Need to know
- Region: Unspecified
- Country: Netherlands, Russian Federation and Sri Lanka
- Related Companies: Dexia, NCC, Rabobank, Skanska, Strukton, Veolia Environnement (formerly Vivendi Environnement), Waterbedrijf Europoort and YIT Corporation
Sri Lanka: The Asian Development Bank (ADB) approved a $60.3 million loan to increase access to safe water and sanitation in three provinces.
Total project cost is $86.4 million, of which $23 million will come from the government. The project will target five towns in the north central, eastern and southern provinces as well as rural areas of the north central province. The ADB loan has a 32-year tenor with a grace period of eight years. Interest is set at 1% per ...
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