Murang’a Water and Sanitation Company Limited (MUWASCO), in partnership with the Murang’a County Government, has signed a Sh 348.65 million blended financing agreement for the Kiharu Water Project.
The project is financed by the Water Sector Trust Fund (WaterFund), Consolidated Bank of Kenya and the World Bank.
The signing marks a significant milestone in the implementation of the World Bank-supported Kenya Water, Sanitation and Hygiene (K-WASH) Programme.
The innovative financing model combines commercial lending with public sector support to accelerate investment in critical water infrastructure.
Speaking during the ceremony, the County Executive Committee Member for Water, Eng. Mary Magochi, commended MUWASCO for being the first water utility in Kenya to secure financing under this innovative arrangement.
MUWASCO Managing Director, Eng. Daniel Ng’ang’a, noted that the project will significantly enhance the Company's capacity to meet the growing demand for water in Murang’a Municipality and neighbouring areas.
The MD said he was proud of Murang’a for making the historic milestone for Kenya’s water sector.
"Under my leadership, MUWASCO has become the first Water Service Provider in Kenya to secure financing under the K-WASH blended financing model, signing a KSh 348.65 million agreement for the Kiharu Water Project," he said.
He expressed gratitude to the Murang’a County Government, WaterFund, Consolidated Bank and the World Bank for this remarkable partnership.
" As we advance the Water Forward agenda and Vision 2030, our collective commitment must remain focused on transforming water service delivery," he explained.
Ms. Pascaline Wanjiku Ndung’u, Senior Water Supply and Sanitation Specialist at the World Bank, observed that successful implementation would position MUWASCO as a model for advancing the World Bank's Water Forward commitment under Kenya's Water Compact.
The Kiharu Water Project is expected to strengthen water service delivery, expand access to reliable water supply and enhance MUWASCO's financial sustainability.
The ceremony was attended by Consolidated Bank CEO, Dr. Dominic Murage; WaterFund CEO, Mr. Willis Ombai; WASREB CEO, Mr. Leparan C. Tialal, CHRP; Eng. Bernard Kirui; and other key stakeholders.
This milestone underscores MUWASCO's commitment to innovative financing, sustainable infrastructure development and improved access to reliable water services for the people of Murang’a.
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