Pakistan
PAKISTAN AIIB INVESTS IN WATER INFRASTRTUCTURES IN LAHORE
The Asian Infrastructure Investment Bank (AIIB) has approved financing of $235 million for the Lahore Water and Wastewater Management Project. This funding aims to ensure a sustainable supply of safe water and alleviate the environmental damage caused by untreated sewage discharge in the city. The loan, approved by the Beijing-based institution, will also support the Lahore Water and Sanitation Agency (LWASA) in improving its institutional capacity, enabling it to provide better services to the residents of Lahore while becoming a financially sustainable entity. Lahore faces a dual challenge of inadequate clean water and untreated wastewater overflow, both of which require urgent attention from the provincial government. The AIIB financing will be directed towards addressing these issues in a coordinated manner. The Punjab government had requested the AIIB’s support for the construction of infrastructure to divert water from the nearby Banbawala Ravi Bedian Depalpur Canal, as well as the establishment of a new surface water treatment plant. The project also seeks to reduce non-revenue water from its current 45 per cent to below 20pc by replacing old pipes that are responsible for water losses and allowing the infiltration of wastewater, which contributes to the spread of waterborne diseases. (ICE ISLAMABAD)
Fonte notizia: the dawn
