Govt to take up 2nd flood rehab programme soon
Wednesday, 5 December 2007
FHM Humayan Kabir
The government will take up its second rehabilitation package programme to rebuild the infrastructure damaged by recurrent floods in July-September period, official sources said.
The new programme will be financed by the World Bank (WB). The Bank has pledged to provide US$130 million assistance for the rehabilitation programme.
It earlier drew up a Tk 12.14 billion rehabilitation package programme for rebuilding the infrastructure damaged by the floods. The Asian Development Bank (ADB) will provide Tk 8.60 billion.
The Executive Committee of the National Economic Council (ECNEC) approved the programme titled "Second Flood Damage Rehabilitation Programme" at a meeting on November 29.
Sources in the finance ministry said some 7-8 projects might be included in the WB-funded package programme for the post-flood rehabilitation works.
Water Development Board (WDB) under the Ministry of Water Resources, Local Government Engineering Department (LGED) under the Local Government Division, the Ministry of Health and the Ministry of Primary and Mass Education will implement the project concerned under the package programme, the sources said.
A senior finance ministry official told the FE that the WB had already called for taking up the post-flood rehabilitation programme saying it would provide $130 million for the infrastructure development in the flood-affected areas.
The official said the new package programme will also be placed before the ECNEC for approval. If approved, the ministries and agencies concerned will soon start implementation of the programme, he said.
The repeated floods this year caused widespread damage to dwellings, roads, bridges, embankments, agricultural crops and irrigation system, water supply and sanitation, education, power as well as small and medium enterprises.
The government is trying to recoup the losses and damages through the post-flood rehabilitation programmes.
In early October, at a meeting with all the bilateral and multilateral donors working in Bangladesh, the interim government sought necessary support from the donors for reconstruction of the country's flood-ravaged economy.
The government has estimated the fund requirement at around Tk 26.55 billion for post-flood rehabilitation works.
The government will take up its second rehabilitation package programme to rebuild the infrastructure damaged by recurrent floods in July-September period, official sources said.
The new programme will be financed by the World Bank (WB). The Bank has pledged to provide US$130 million assistance for the rehabilitation programme.
It earlier drew up a Tk 12.14 billion rehabilitation package programme for rebuilding the infrastructure damaged by the floods. The Asian Development Bank (ADB) will provide Tk 8.60 billion.
The Executive Committee of the National Economic Council (ECNEC) approved the programme titled "Second Flood Damage Rehabilitation Programme" at a meeting on November 29.
Sources in the finance ministry said some 7-8 projects might be included in the WB-funded package programme for the post-flood rehabilitation works.
Water Development Board (WDB) under the Ministry of Water Resources, Local Government Engineering Department (LGED) under the Local Government Division, the Ministry of Health and the Ministry of Primary and Mass Education will implement the project concerned under the package programme, the sources said.
A senior finance ministry official told the FE that the WB had already called for taking up the post-flood rehabilitation programme saying it would provide $130 million for the infrastructure development in the flood-affected areas.
The official said the new package programme will also be placed before the ECNEC for approval. If approved, the ministries and agencies concerned will soon start implementation of the programme, he said.
The repeated floods this year caused widespread damage to dwellings, roads, bridges, embankments, agricultural crops and irrigation system, water supply and sanitation, education, power as well as small and medium enterprises.
The government is trying to recoup the losses and damages through the post-flood rehabilitation programmes.
In early October, at a meeting with all the bilateral and multilateral donors working in Bangladesh, the interim government sought necessary support from the donors for reconstruction of the country's flood-ravaged economy.
The government has estimated the fund requirement at around Tk 26.55 billion for post-flood rehabilitation works.