The African Development Bank (AFDB) and Korean Exim Bank will finance the construction of a Sh5.7 billion Kocholia- Amagoro -Amoni Multipurpose water resources and food crop development project in Busia county.
Project manager for Kocholia-Amagoro-Amoni Horticultural and Food Crops Value Chain Development Project Comas Muli said the two banks will provide financial assistance for the multipurpose water resource development project.
Muli said that the time frame of the project will take five years adding that other, it is expected to start in 2018.
He said the project consists a dam which is 43m high and 66.9million cubic metres of water and is going to be used for irrigation in about 2000 hectares of land.
Muli said the project will address food and water security, adding that the overall purpose of the mission was to discuss and assess a wide variety of issues relevant for the preparation of the project.
The bank team held discussions with Acting Busia County Executive Committee Member for Water , Environment and Natural Resources Bernard Yaite.