Cambodia: the EU grants EUR 12.7 million to deliver safe, drinking water to some of Phnom Penh's poorest neighbourhoods

The EIB experience from financing water and waste-water infrastructure around the world shows that access to improved water supply, sanitation, and hygiene results in:economic development and poverty reduction;increased food safety and better food and nutrition security as well as livelihoods;improved protection of the environment;reduced health and time burden which frees up the time of carers;improved school enrolment and retention rates, especially for girls;improved safety of women and girls, as the main water collectors;more time up women to engage in other activities with reduced work and water collection time; and,empowered communities and new opportunities for women where they are involved in their management.The infrastructure will bring safe, drinking water and improve quality of living for 700,000 people from some of the poorest neighbourhoods in the city.

Metadata
Provider: 
ECEC
URL: 
https://www.eib.org/press/all/2020-119-cambodia-the-eu-grants-eur-127-million-to-deliver-safe-drinking-water-to-some-of-phnom-penh-s-poorest-neighbourhoodshttps://www.eib.org/press/all/2020-119-cambodia-the-eu-grants-eur-127-million-to-deliver-safe-drinking-water-to-some-of-phnom-penh-s-poorest-neighbourhoods
Retrieved on: 
Monday, May 18, 2020
Information
Tags: 
European Union, Drinking water, Sanitation, Water supply, European Investment Bank, Financial services, Economy, Water supply and sanitation in Lebanon
Summary
Key Points: 
  • The EIB experience from financing water and waste-water infrastructure around the world shows that access to improved water supply, sanitation, and hygiene results in:
    • economic development and poverty reduction;
    • increased food safety and better food and nutrition security as well as livelihoods;
    • improved protection of the environment;
    • reduced health and time burden which frees up the time of carers;
    • improved school enrolment and retention rates, especially for girls;
    • improved safety of women and girls, as the main water collectors;
    • more time up women to engage in other activities with reduced work and water collection time; and,
    • empowered communities and new opportunities for women where they are involved in their management.
    • The infrastructure will bring safe, drinking water and improve quality of living for 700,000 people from some of the poorest neighbourhoods in the city.
    • It is a long term investment in country`s resilience to pandemic such as Covid-19 as it provides steady access to clean drinking water, critical for effective crisis mitigation.
    • The EU grant will expand the water distribution network to the poorest areas of the city.
    • It complements an earlier EUR 185 million investment from the European Investment Bank (EIB) and the Agence Franaise de Dveloppement (AFD).
    • Blending of the EIB, the AFD and the EU financing will provide treated potable water to the fast-expanding Phnom Penh, where the demand for piped water is expected to nearly double from current needs by 2030.
    • Around 86,000 households, in some of the poorest neighbourhoods in Phnom Pen, will gain access to city`s piped water for the first time ever, and help reduce certain types of diseases by as much as 26%.
    • The project will have a positive economic effect on the poorest households as it will reduce daily expenditure for bottled drinking water.
    • Today, close to 70% of the Cambodians do not have access to piped water supply, including 28 % of people living in Phnom Pehn.
    • Through our financing, we act as a catalyst to attract the funding needed to meet the UNs Sustainable Development Goals for 2030.
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