Asian Development Bank approves $125 million financing for Nepal's Madhesh province irrigation improvements.

The Asian Development Bank (ADB) approved a $125 million financing package for irrigation improvements in Nepal's Madhesh province. This includes a $110 million concessional loan and a $15 million grant. The Mechanical Irrigation Innovation Project will create a network of deep tube wells, smart card systems, and 900 km of underground pipes, enhancing year-round water access. It aims to boost farmers' climate resilience, diversify crops, and strengthen marketing linkages.

October 07, 2024
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