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WB intends to provide financial aid to municipal bodies

World Bank is willing to provide financial aid to progressive municipal bodies in Andhra Pradesh and other India states to take up development projects like road constructions.



Hyderabad: World Bank is willing to
provide financial aid to progressive municipal bodies in
Andhra Pradesh and other India states to take up development
projects like road constructions, said Songsu Choi, Lead Urban
Economist South Asia Region of World Bank.

Such incentives could be provided to those
municipalities in AP which are doing well under the Andhra
Pradesh Municipal Development Project (APMDP), Songsu Choi
said.

Songsu Choi was Speaking on the sidelines of a
workshop on `AP Municipal Development Projects` here. World
Bank also likes to support initiatives for energy savings, he
added.

The World Bank is willing to provide financial aid to
municipalities to take up road construction, water supply and
sewerage works, Choi said.

At the state-level, World Bank is supporting urban
poverty alleviation, road projects and rural water supply, he
added.

PTI

From Zee News

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