The Project's two principal development objectives are to: (i) significantly increase access to the piped water system in Ghana's urban centers, with an emphasis on improving access, affordability and service reliability to the urban poor; and (ii) restoring long term financial stability, viability and sustainability of the Ghana Water Company Limited (GWCL). The project has the following four components: Component 1) will support: (i) increasing the amount of treated water for sale; (ii) extending service to low income areas; and (iii) rehabilitating existing network to reduce non-revenue water. It also includes dam safety upgrades, meters, engineering and vehicles and equipment for GWCL Regional and District offices. Component 2) will support the payment of the private operator under the proposed management contract and technical and financial auditors to measure the operator's performance. Component 3) the largest allocations in this component go for Training (US$2.0 million) and Technical Assistance (US$2.5 million). The Training component is left un-specified because the Management Contract Operator will propose a training plan once it is in place and can assess training needs. Component 4) will finance the anticipated severance program at the GWCL.