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URBAN II

Sector: Commercial • Location: Lesotho

Source: World Bank Group

Project
Closed

The Urban Sector Reorientation Project aims to implement a program of policy reform that shifts the sector towards greater financial self-sufficiency and accountability, building on the initiatives already underway. The project consists of: (a) the setting up of the Maseru Municipal Council (MMC), with a five-year plan comprising establishment and recurrent costs and investments; and (b) construct

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Project Information

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The project “URBAN II” is an infrastructure initiative in the Commercial sector, located in Lesotho. Taiyo aggregates data on it from World Bank Group.

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Participants

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Status

Original status

closed

Taiyo status

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Description

Description

The Urban Sector Reorientation Project aims to implement a program of policy reform that shifts the sector towards greater financial self-sufficiency and accountability, building on the initiatives already underway. The project consists of: (a) the setting up of the Maseru Municipal Council (MMC), with a five-year plan comprising establishment and recurrent costs and investments; and (b) construction of serviced residential plots and the provision of mortgage loans at Thetsane, and mortgage loans for house improvement at Mazeru South. Finally, the project provides (c) technical assistance and training for institution building in the (i) Maseru Municipal Council (MMC), (ii) Lesotho Building Finance Corporation (LBFC), (iii) Lesotho Housing and Land Development Corporation (LHLDC), (iv) Department of Lands, Surveys, and Physical Planning (LSPP) and (v) Department of Housing (DOH).

Original sub-sector

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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