Tanzania Says India to Finance $380 Million of Water Projects

India agreed to finance as much as $380 million of water projects in Tanzania’s commercial capital of Dar es Salaam and in coastal regions of the nation, the East African country’s presidency said.

The Indian government has pledged to provide $100 million for facilities in Dar es Salaam and some coastal areas, and may provide a further $280 million to finance the second phase of the supply of clean and safe water from Lake Victoria to residents in Mwanza, Shinyanga and Simiyu regions, the presidency said in a statement on its website Wednesday.

R.K. Gupta, the chairman of India’s state-owned Water ands Power Consultancy Services Ltd., held talks with Tanzanian President Jakaya Kikwete on March 17.

About 12 percent of deaths in Tanzania, which has East Africa’s biggest economy after Kenya, were related to water, sanitation and hygiene in 2004, according to UN Water, the United Nations’ coordination mechanism for water-related issues, which cited World Health Organization data. About 43 percent of Tanzanians in rural areas and 19 percent in towns and cities don’t have access to reliable, safe water sources, Kikwete said in January last year.

Before it's here, it's on the Bloomberg Terminal.
LEARN MORE