City Bank, United Delcot (a Bangladesh-China JV)and RAJUK have signed an escrow account agreement for the Purbachal Water Supply PPP Project.
It is a public private partnership (PPP) project and first of its kind in Bangladesh in the public utility sector. Through this PPP project, a total 320 KMs water distribution pipeline network will be constructed at 6,227 acres of Purbachal area to meet 340 million liters per day of water supply to the residences of this newly developed locality.
Sharif Ahmed MP, State Minister for Ministry of Housing & Public Works as the chief guest at the signing ceremony.
Md Shahid Ullah Khandaker, secretary to the Ministry of Housing & Public Works, Sultana Afroz, secretary & CEO of Public Private Partnership Authority and Engr Taqsem A Khan, managing director, Dhaka Wasa, were present as special guests.
Source: Dhaka Tribune