Liberia - Monrovia Water Supply Project

Document of FILE COPY The World Bank FOR OFFICIAL USE ONLY Repmt No. P-2415-LBR REPORT AND RECOIMENDATION OF THE PRESIDENT OF THE INTERNATIONAL DEVELOPMENT ASSOCIATION TO THE EXECUTIVE DIRECTORS ON A PROPOSED CREDIT TO THE REPUBLIC OF LIBERIA FOR A WATER SUPPLY PROJECT November 17, 1978 This document has r esbictod dixtbutln and may be _ed by recipiemt only bi the pedosmace of their official dutie lt eontab may oadawiae b le mosd w t Wi mank.  CURRENCY EQUIVALENTS The official monetary unit is the Liberian dollar with a par value equal to the U.S. dollar. The US dollar is a legal tender in Liberia. Fiscal Year - Government of Liberia July 1 - June 30 Fiscal Year - Liberia Water and Sewer Corporation January 1 - December 31 ABBREVIATIONS AND ACRONYMS LWSC - Liberia Water and Sewer Corporation ADB - African Development Bank KfW - Kreditanstalt fuer Wiederaufbau OAU - Organization of African Unity LEC - Liberia Electricity Corporation USAID - United States Agency for International Development PUA - Public Utilities Authority EDI - Economic Development Institute ABH - Alvord, Burdick and Howson CDC - Commonwealth Development Corporation  FOR OFFICIAL IUSE ONLY LIBERIA - WATER SUPPLY PROJECT CREDIT AND PROJECT SUMIARY Borrower: Republic of Liberia Beneficiary: Liberia Water and Sewer Corporation (LWSC) Amount: US$8 million Terms: Standard Relending Terms: The full amount of the credit would be relent to LWSC for 20 years, including 5 years of grace at 7.5 percent. Project The project seeks to ensure a reliable supply of potable Description: water and increased access to service for the Monrovia population, including low income households, and to initiate a coordinated and systematic approach to the provision of service outside Monrovia. To achieve these objectives, the project would assist in improving and expanding water production, treatment and distribution facilities for the Monrovia area, undertaking a compre- hensive nation-wide sector study and providing management improvement and staff training programs. At least 50,000 new low income consumers in Monrovia would have access to safe, potable water through the provision of public standpipe service under the project. The project faces no special risks, although the realization of the insti- tutional objectives of the project will depend on such factors as the ability of the consultants to train local staff and the availability of suitable local personnel to receive training. This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank authorizaion.  Estimated Cost: -