Kathmandu, Dec 14 – Finland’s Ambassador to Nepal Jorma Suvanto on Thursday signed the delegated agreement with the Ambassador of European Union to Nepal Veronica Cody for a grant of 20 million Euros (approximately 2400 millions) to implement the Rural Village Water Resources Management Project, Phase III in Far and Midwestern Regions in Nepal.
The total project cost is 60.2 million Euros out of which Finland’s contribution is 15 million Euros and Government of Nepal and users’ contribution is 25.2 Million Euros.
Ministry of Federal Affairs and Local Development (MoFALD)/Department of Local Infrastructure Development and Agricultural Roads (DOLIDAR), Nepal, together with participating local authorities have been coordinating and implementing the project activities.
The project started with the first phase in 2006 and the completion phase would continue until 2022. The project covers 10 districts in Provinces 6 and 7 and would provide the population access to water supply, energy and improve their food security, income opportunities and resilience to disasters and climate change.
The project resources is being allocated based on a holistic long term water resources management, utilization and protection plan that takes into consideration all the different water resources needs.
