NDRMF to fund over Rs 3 billion for Rehabilitation/Reconstruction of Flood Schemes in Sindh

NationalNDRMF to fund over Rs 3 billion for Rehabilitation/Reconstruction of Flood Schemes...

ISLAMABAD, Pakistan: The National Disaster Risk Management Fund (NDRMF) will fund Rs 3,011,460,076 to the Sindh Irrigation Department for their Project Title: Building Resilience of Damaged Flood Mitigation Structures Along River Indus in Sindh Resilience and Adoptive Population in Disaster (RAPID).

The Chief Executive Officer (CEO) NDRMF Bilal Anwar and the Project Director Flood Emergency and Reconstruction Projects Sindh Irrigation Department Abdullah Bhurgri signed the contract.

The said financial support will be extended to the respective entities as grant financing.

In this regard, the grant implementation agreement was signed between the NDRMF and the Sindh Irrigation Department.

The project is designed for rehabilitation / reconstruction of four schemes that received major damages/losses during the monsoon floods 2022 in districts Shaheed Benazirabad, Naushero Feroze, Sujawal and Matiari, and and need rehabilitation on urgent basis as any flooding of similar nature may cause damages to life and property.

  1. Stone Apron and Stone Pitching Along SM Bund from Mile 70/7 to 72/0 in Moro Bund Sub Division.
  2. Rehabilitation/Reconstruction of Stud/Apron along SM Bund at Mile 12/0 to 12/7 and Bakhri Loop Bund Mile 0/0 to 0/1 in Kandiaro Bund Sub Division
  3. Rehabilitation, Raising and Strengthening of Spurs Along Surjani Complex Bund Sujawal of Pinyari Circle Hyderabad Kotri Barrage Region Hyderabad
  4. Recouping of Stone Spurs Mile 142/3 and Stone Studs Mile 136/1 Along S.M Bund in Hala (Irrigation) Division Hala With 578,000 targetted beneficiaries and protecting 127,476 Hectare of agriculture land against negative impacts of multiple natural disasters.

Sindh is one of the worst affected Province during Floods 2022. A total of 10 million people affected in 30 districts.

The worst affected areas remained inundated for months due to absence of natural drainage pathways leaving behind a vast magnitude of damaged public infrastructure, agriculture land and houses of people, requiring extensive medium to long term rehabilitation and reconstruction efforts.

The proposed interventions are in line with National Disaster Management Plan (NDMP).

The government of Pakistan had been working with number of development partners to identify opportunities and mechanism to enhance financial management of disaster risk. These initiatives resulted in establishment of multi donor NDRMF. It is a government-owned not-for-profit company with a corporate structure, incorporated with the Securities and Exchange Commission of Pakistan, under Section 42 of the Companies Ordinance 1984.

The NDRMF finances up to 70% of eligible projects cost while 30% of the total project cost is borne by the fund implementing partners.

It works for reducing the socio-economic and fiscal vulnerability of the Country & its population to natural hazards and climate change, through financing investments in DRR and preparedness that have high economic impacts.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

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