ADB submits study report; Rs 282-cr worth of projects for Kochi

  • 02/12/2004

The second volume of Mid-Term Report of the Kerala Sustainable Development Project for Kochi submitted to the Corporation on Thursday by experts appointed by the Asian Development Bank (ADB) presented projects worth Rs 282 crore for providing the loan, which had to repaid at an interest rate of nine percent per annum. Infrastructure development, urban transport, solid waste management, water supply and sewage treatment systems as its priority areas were presented in the report. Project coordinator Noushad, Kudumbasree regional coordinator Aboobakker and ADB consultant Michael Green presented the report.