The Completion of the Rehabilitation and Reinforcement of the Drinking Water Distribution Network in Djibouti
A loan Agreement for 20 KD Million was signed in Rabat on the
18th of April 2017 to help Finance the Completion of the Rehabilitation and Reinforcement
of the Drinking Water Distribution Network in Djibouti
The loan agreement was signed by H.E. Ibrahim Beleh Doalah, the
ambassador of the Republic of Djibouti to the Kingdom of Morocco, on behalf of the
Government of Djibouti, and by H.E. Mr. Abdlatif Yousef Al-Hamad, Director General/
chairman of the Board of Directions, on behalf of the Arab Fund.
The project, which is expected to be completed by the end of
2021, aims at covering the current deficit in meeting the demand for drinking water
in the city of Djibouti, and facing the future needs of the population until the
year 2030, through the completion of the works related to the rehabilitation of
the water distribution network to reduce the loss of water, and the reinforcement
and expansion of the network to accommodate the additional quantities of water that
will be provided to the city by the project of water transfer from Ethiopia and
the project of sea water desalination.
In addition, the project will allow for an increase in the number
of domestic connections. The project also aims at the development and improvement
of the drinking water services provided by ONEAD, and contribute to the preservation
of water and the rationalization of its use, and improve the living and health conditions
of the residents.
The project includes the following main components:
The loan will carry interest at 2% per annum and will be repayable
over 30 years, including a 6 year grace period.
The office National de líEau et de LíAssainissement de Djibouti
(ONEAD) will be the beneficiary of the loan.
With the the signing of the loan, the Arab Fundís total contribution
to financing projects in the Arab Republic of Djibouti now amounts to KD 112 Million.