Revolving Fund Institutionalization Project
Management Consulting
Municipal Water and Wastewater
  Egypt
  Financial Services
  Project Financing
  UNICEF
 

The project objective was establish a  sustainable approach and strategy to effectively and efficiently support the institutionalization process of the revolving fund mechanism in the Water and Waste Water Holding Company and Subsidiary Companies. The project had included three phases, first development of operational procedures for revolving fund: Establishment and Management at the water company level, second providing technical support for institutionalization of the fund and the third one was adoption and application of the revolving fund in select governorates. Chemonics Egypt Consultants had started the implementation with a high-level assessment of the current revolving fund initiative at the local government in Sohag as a powerful base for establishing a financial mechanism be applicable by water companies. Also we realizes that other stakeholders will have significant roles in the implementation of the Revolving Fund. These stakeholders include the HCWW and the Subsidiary Company as well as other key players such as governorate staff, local councils,  selected community members (Community Development Association) and media. The management information system was strongly present as a management tool to support the revolving fund financial mechanism.
       
 
Hassan Samman  
Senior Information Systems (IT)  
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