Kyrgyzstan, ADB sign $10 million grant agreement for Multisector Activities Support Facility

AKIPRESS.COM - A $10 million grant agreement for the Multisector Activities Support Facility was signed in the Ministry of Finance on December 25.
This is the first project using the Small Expenditure Financing Facility modality in ADB. The facility aims to improve the efficiency, sustainability, responsiveness, and readiness of ADB-financed projects and programs in the Kyrgyz Republic.
The grant, sourced from ADB's Special Funds Resources and categorized as a small expenditure financing facility, will fund project preparatory support for design and procurement readiness of ensuing ADB projects; small pilot projects to demonstrate new technologies, international standards, and management approaches for possible scale-up; project implementation support for ongoing ADB projects to ensure the efficient delivery of project outcomes; and capacity building and supplemental support for completed ADB projects.
It will also finance a series of small-value activities to support and complement larger projects financed by ADB in the Kyrgyz Republic. For instance, the facility's first activity will support further upgrades at a water treatment plant in the Kyrgyz Republic, which was first supported by ADB in September 2016. The planned upgrades will provide over 400,000 people with access to safe and reliable water supply.
The establishment of the facility is aligned with the Government of the Kyrgyz Republic's national development plan and the priorities of ADB's country partnership strategy, 2018-2022, which include more efficient project design and implementation processes as well as localized capacity building to ensure sustainability.