HYDERABAD: Giving a major fillip to urban development in
the State, the World Bank has approved a loan of Rs 1,431.91 crore under the
Andhra Pradesh Municipal Development Project.
At a meeting on urban development held here today, Chief
Minister K Rosaiah said that the World Bank loan would provide a big impetus to
the governmentís initiative in taking up qualitative works in various
municipalities to meet civic and infrastructure requirements.
He directed the officials of the department to develop a
separate mechanism for completion of various works under the project on schedule
and wanted them to enter into the loan agreement at the earliest.
The project will support improvements in financial,
technical, and management capacities of all urban local bodies (ULBs) in the
State through technical assistance and as a condition for infrastructure
Of the total project cost Rs 1,670.55 crore, the State
Governmentís share will be Rs 238.64 crore. The project will be executed over a
period of five years. It will commence on February 15 this year and is expected
to be completed by December 31, 2015. The project will finance works or goods to
build, upgrade or improve efficiency of municipal facilities like roads,
sewerage, water supply, sanitation, solid waste management, streetlighting, and
The chief minister suggested to MAUD Minister Anam
Ramnarayana Reddy and the officials concerned to continuously review various
works taken up district-wise and monitor the progress.
The projectís objective is to help improve facilities in
urban areas across the State.
The urban service improvements will be chosen in a demand-
driven manner and implemented by the ULBs.
Each urban infrastructure investment sub-project will have
an estimated cost of about Rs 5 crore where 10 per cent of sub-project cost will
be financed by the ULBs, which is repayable over 15 years.