AIRLINK 205.95 Increased By ▲ 1.50 (0.73%)
BOP 10.18 Increased By ▲ 0.09 (0.89%)
CNERGY 6.95 Increased By ▲ 0.04 (0.58%)
FCCL 35.55 Increased By ▲ 0.72 (2.07%)
FFL 17.20 Decreased By ▼ -0.01 (-0.06%)
FLYNG 24.75 Increased By ▲ 0.23 (0.94%)
HUBC 142.61 Increased By ▲ 5.21 (3.79%)
HUMNL 13.95 Increased By ▲ 0.13 (0.94%)
KEL 4.92 Increased By ▲ 0.01 (0.2%)
KOSM 6.70 No Change ▼ 0.00 (0%)
MLCF 44.95 Increased By ▲ 0.64 (1.44%)
OGDC 225.40 Increased By ▲ 3.49 (1.57%)
PACE 7.13 Increased By ▲ 0.04 (0.56%)
PAEL 43.80 Increased By ▲ 0.83 (1.93%)
PIAHCLA 17.20 Increased By ▲ 0.12 (0.7%)
PIBTL 8.67 Increased By ▲ 0.08 (0.93%)
POWER 9.00 Decreased By ▼ -0.02 (-0.22%)
PPL 192.75 Increased By ▲ 2.15 (1.13%)
PRL 43.25 Increased By ▲ 0.21 (0.49%)
PTC 25.55 Increased By ▲ 0.51 (2.04%)
SEARL 110.49 Increased By ▲ 4.08 (3.83%)
SILK 1.04 Increased By ▲ 0.02 (1.96%)
SSGC 43.65 Increased By ▲ 0.74 (1.72%)
SYM 18.49 Increased By ▲ 0.18 (0.98%)
TELE 9.25 Increased By ▲ 0.11 (1.2%)
TPLP 13.76 Increased By ▲ 0.65 (4.96%)
TRG 68.20 Increased By ▲ 0.07 (0.1%)
WAVESAPP 10.38 Increased By ▲ 0.14 (1.37%)
WTL 1.90 Increased By ▲ 0.03 (1.6%)
YOUW 4.10 Increased By ▲ 0.01 (0.24%)
BR100 12,280 Increased By 143.1 (1.18%)
BR30 37,872 Increased By 726.4 (1.96%)
KSE100 116,163 Increased By 890.9 (0.77%)
KSE30 36,598 Increased By 287.1 (0.79%)

ISLAMABAD: The World Bank’s Board of Executive Directors is likely to approve “Sindh Flood Emergency Housing Reconstruction Project” worth $450 million on Friday (Dec 20), aimed at delivering beneficiary-driven, multi-hazard resilient reconstruction of core housing units affected by the 2022 floods in select districts of Sindh.

Sources revealed that the board is scheduled to meet on Friday where Sindh Flood Emergency Housing Reconstruction Project would be taken on agenda.

The project will support owner-driven and multi-hazard resilient reconstruction of core housing units. A housing subsidy will provide reconstruction and restoration grants for 350,000 housing units (almost 20 percent of the total housing rehabilitation needs for Sindh) — benefitting an estimated 1.4 million people – roughly half of whom are women.

Flood relief project: Canadian organisation constructs solar-powered homes in Sindh

Additionally, an estimated 400,000 beneficiaries will be trained in multi-hazard resilient construction techniques through capacity building activities supported by the project. Building this capacity among Sindh residents will improve the long-term resilience of communities by improving the structural designs and construction practices of the housing sector.

Cash grants will be provided for houses with structural damage to partially finance reconstruction or restoration. In addition, basic rainwater harvesting systems and twin pit latrines will be provided to improve access to water and sanitation. Project documents revealed that the development objective of the project for Pakistan is to deliver beneficiary-driven, multi-hazard resilient reconstruction of core housing units affected by the 2022 floods in selected districts of Sindh.

The project comprises of three components. The first component, housing reconstruction grants will support the provision of housing reconstruction grants to beneficiaries for reconstruction and or restoration of a core housing unit.

The second component, institutional strengthening and technical assistance consists of following sub-components: (i) detailed damage assessment and eligibility verification survey; (ii) provision of technical assistance for the project implementing entity’s reconstruction programme; and (iii) provision of implementation support through implementation partners.

The third component, project management and implementation support entails provision of support for the management and implementation of the project, including the establishment and operationalisation of an empowered implementation agency and a grievance redressal mechanism.

Copyright Business Recorder, 2024

Comments

Comments are closed.