Lesotho - Second Phase of the Lowlands Water Development Project : Additional Financing
Overview & Synopsis
The development objectives of Second Phase of the Lowlands Water Development Project for Lesotho are to : a) increase water availability and access to improved water supply services in two priority zones, (b) improve technical and financial performance of WASCO, and (c) in case of an Eligible Crisis or Emergency, respond promptly and effectively to it. This paper seeks an additional financing (AF) in the amount of 12.2 million US dollars to complete the project activities. The AF will be used to finance cost overruns resulting from higher than the estimated costs and financing gap due to the activation of the Contingent Emergency Response Component (CERC). In addition, the project will be restructured to extend the closing date by twelve months from March 31, 2025, to March 31, 2026.
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Document Information
| Document Title | Lesotho - Second Phase of the Lowlands Water Development Project : Additional Financing |
|---|---|
| Author / Organization | World Bank |
| Subject & Discipline | FY17 - Public Administration - Water, Sanitation and Waste Management,FY17 - Water Supply,FY17 - Irrigation and Drainage |
| Categories | Economics & Development |
| Publication Year | 2025 |
| License / Rights | Creative Commons Attribution 4.0 (CC BY 4.0) |
| Resource Verification | Listed PDF (Verification Pending) |
| Original Host Website |
World Bank Documents & Reports
(documents.worldbank.org)
|
| File Format | application/pdf (Portable Document Format) |
| Language | EN |
| Catalog ID | DOC-283379 |
| Original Source Link | Visit Source Page on documents.worldbank.org » |