Sh. Bruno Bosle, Country Director AFD India expressed his delight to be a partner in the strategic growth of the city and particularly mentioned the impact of the Gender Action Plan Component of the project for Women Empowerment in the city.
Sh. Daniel Hachez, Head of Cooperation, Bangkok EU mentioned the years old relationship with Europe and Chandigarh and expressed his gladness to be a part of the financing of this project as a grant, particularly financing of long term technical assistance (LTTA), capacity building, Gender Action Plan and installation of Smart Water Meters for lower income group and economically weaker section of the city.
Sh. K.K. Yadav, Commissioner, Municipal Corporation, Chandigarh gave a detailed presentation on the scope of project, procurement plan, terms of the contract and other components of the project. The Committee reviewed all the documents and the same were approved by the Chairman for submitting to AFD and Govt. of India for their approval. The Credit Facility Agreement (CFA) between Govt. of India through Department of Economic Affairs and AFD is expected to be signed in the month of July, 2021. After the signing of the Credit Facility Agreement (CFA), an agreement is expected to be signed between AFD and Municipal Corporation, Chandigarh in the month of September, 2021 and the first installment of loan is expected in the month of December, 2021.
The Chairman directed that besides completing all the formalities, the preparation of tender documents and hiring of LTTA should be done simultaneously to speed up the start of work.
