Guyana to improve water, sanitation services with IDB & European Union
Program aims to boost efficiency, quality and sustainability of drinking water and sanitation infrastructure in Georgetown and other coastal areas
Guyana will strengthen and improve access to drinking water and sanitation services with a US$16,838,250 loan approved by the Inter-American Development Bank (IDB). The program will also receive support from the Caribbean Investment Fund of the European Union totaling US$14,838,250.
The initiative is known as the Program to Improve Water and Sanitation Infrastructure and Supply. It calls for infrastructure projects to build, upgrade and expand water treatment plants and enhance access to adequate sanitation through measures to strengthen the supplier Guyana Water Incorporated (GWI), the design and implementation of a program to monitor non-registered water and a public awareness campaign on the use of water and proper hygiene practices.
The program is expected to increase the percentage of households with 24-hour access to water and water pressure that is in line with national standards, reduce the percentage of water that goes unaccounted for and raise the number of homes with improved access to drinking water and proper sanitation arrangements.
The IDB loan is for 30 years and comes from its Ordinary Capital and Fund for Special Operations. It has a grace period of five years and a fixed interest rate (and a rate of 0.25 percent rate in the case for the funds of the Fund for Special Operations).