World Bank to approve US$200mn for Norte Grande water, sanitation project

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Tuesday, March 22, 2011

The World Bank is on April 5 scheduled to approve a US$200mn loan for the government of Argentina to carry out a water and sanitation initiative in Norte Grande region, according to project documents obtained by BNamericas.

The initiative, which will have a total cost of US$240mn, aims to improve sustainable access to water and sanitation services in Norte Grande. Argentina's government will provide US$40mn in counterpart funding.

The project consists of three components. The first will require an investment of US$209mn for infrastructure improvements, including building, expanding or repairing wastewater treatment plants, sewerage systems and potable water production and distribution systems.

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Some US$15mn is allocated for technical assistance for water and sanitation providers, which includes improving information systems, operational efficiency and training. The final component involves US$15mn for project supervision.