6 October 2012

Liberia: Water Providers Sign MoU With Bank

The management of the Liberia Water and Sewer Corporation (LWSC) and the Liberia Bank for Development and Investment (LBDI) have signed a memorandum of Understanding (MOU) for water bill collection. Emmett M. Watson, Deputy Managing Director for Administration, LWSC signed on behalf the Corporation, while T. Edison Clark, Vice President and head branches coordinating unit central Monrovia branch of LBDI signed for the Bank.

The MOU was signed on September 26, and it is subject to extension based on performance and cooperation.

In the MOU, it was jointly agreed that LBDI open a teller window at the LWSC to collect all payments from its customers around Monrovia as a means to further improve financial transactions in a prudent fiscal manner.

According to Deputy Managing Director Watson the MOU, which he described as 'land mark' will afford LWSC customers easy access to promptly pay their water bills and submit slips for documentation.

For his part, LBDI Vice President T. Edison Clark said as a financial entity, the bank was always willing to provide quality services not only to LWSC, but all entities and individuals with cautiousness and satisfaction to improve their financial earnings at all times.

He said LBDI will always monitor its implementation of the MOU to avoid lapses as the bank is committed to improving the Liberian economy by managing finances in a more transparent manner.

Meanwhile, the management of LWSC has reaffirmed its continued commitment to ensure the availability of water throughout Monrovia, adding "although there are challenges, however, the Corporation will strive to maintain its effective service to the people."

The Deputy LWSC boss also revealed plans by the African Development Bank (AfDB) to support project that would provide the cities of Buchanan, Kakata, and Zwedru with safe drinking water in the near future.

He also disclosed that the United States Agency for International Development (USAID) is designing and supporting plan to provide water in cities including Sanniquelle in the north and Voinjama in the northwest as well as Robertsport in the west of the country.

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