"Water distribution is a new frontier for private sector participation in Asia. A prime objective of B loan is to share our development mission with partner banks. We are pleased to work together with 18 banks for enhancing access to cleaner piped water in smaller cities," said Hisaka Kimura, Principal Investment Specialist in ADB's Private Sector Operations Development."Private sector can play a more important role in improving the efficiency and quality of city water services. Nevertheless, its participation in China's water sector remains low. We are glad to work together with ADB to accelerate our expansion of city water supply operations in the country. Our move echoes the government's initiative outlined in its Twelfth Five-year plan to upgrade and improve water domestic supply facilities and capacity, thereby making people better off," said Duan Chuan Liang, Chairman of CWA.
ADB's US$100 Million B-Loan To CWA For Improvement Of Water Supply In Small And Medium-sized Cities Of The PRC
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