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World Bank Approves $300 Million In Projects For Kenya

World Bank Approves $300 Million In Projects For Kenya
5/11/2012 5:30 PM ET

The World Bank has moved to approve a $300 million interest-free loan to provide an estimated 3 million Kenyans with improved water and sanitation services. The project known as the Water and Sanitation Services Improvement Project (WASSIP), has been a catalyst in the developing country to bring cleaner water and better sanitation since it began in December 2007.

The new loan will be implemented over the next three years, and was approved by the World Bank's board of directors on Thursday.

"Kenya is one of the most water-scarce countries in the world, with a majority of its citizens unable to access clean water at an affordable price," said Johannes Zutt, the Country Director for Kenya in a World Bank press release. "This situation is particularly hard on the poor, who often do not use water except for the most essential purposes. This in turn results in illness, especially among children, lowering educational achievement and the productivity of working adults."

The project is also in line with Kenya's Vision 2030 strategy which is to aid Kenya in becoming a middle-income country. The project's focus is to create a thriving economy with more jobs, better urban roads, improved public venues, and revamp and develop Kenya's sewage and wastewater systems.

"Delivering water and sanitation services to fast-growing cities such as Nairobi and Mombasa will help to enhance the competitiveness of the cities and ensure that they can serve as engines of growth for the economy," said Andreas Rohde, Task Team Leader for the Project. "But more important is the impact that improved services will have on the poor residents of the city, who will receive access to water close to where they live and therefore save time and money for other activities," he said in a press release.

by RTT Staff Writer

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