MUNIC.DEV & EARTHQUA

closed

The Municipal Development and Earthquake Emergency Housing Reconstruction Project comprises two distinct streams of investments : (i) a Municipal Development Component (MDC); and (ii) the Earthquake Emergency Housing Reconstruction Component (EEHRC). The MDC will assist town panchayats by : (i) establishing, as a pilot operation, a national level financial intermediary, the Town Development Fund Board, which will have a line of credit for the financing of priority social infrastructure and revenue generating projects in eligible town panchayats; (ii) strengthening the Board's operating procedures; and (iii) provide technical assistance and training for strengthening town panchayats' administrative, technical and financial capacity for project implementation and service management. The EEHRC will : (i) assist in the reconstruction of housing damaged in the August 1988 earthquake; (ii) improve construction standards; (iii) improve the environment by mitigating the use of timber in building products; and (iv) provide technical assistance and training to address longer term needs.