Business
Punjab seeks $329m Asian Infrastructure Investment Bank loan for Lahore water, sanitation overhaul
字号+ Author:Smart News Source:Business 2025-01-15 08:39:29 I want to comment(0)
ISLAMABAD: The Punjab government has submitted a $329 million project proposal to the Asian Infrastructure Investment Bank (AIIB) through the federal government. The initiative aims to ensure a sustainable supply of clean water, mitigate environmental degradation and strengthen the institutional capacity of Lahore’s Water and Sanitation Agency (Wasa) to improve service delivery. The project focuses on constructing surface water treatment infrastructure, upgrading Lahore’s water supply networks and building wastewater management systems to address issues of untreated sewage, urban flooding and dwindling groundwater resources. According to the project document, investment in safe water supply infrastructure will comprise the construction of a siphon to transport water in the Banbawala Ravi Bedian Depalpur (BRDB) Canal across Ravi River (the Ravi Siphon) and an intake structure at the BRDB canal; construction of potable water infrastructure, including a raw water channel from the intake structure, a surface water treatment plant, pumping stations, transmission and distribution networks; implementation of a Non-Revenue Water reduction programme through the rehabilitation of old and dilapidated network infrastructure; metering commercial and domestic connections; and improvements in the billing and collection system. Under the investment in wastewater and drainage management, the project will consist of the construction of two new trunk sewers and a new pumping station to safely transport wastewater for disposal and improve the urban environment and flooding by rehabilitating storm water drains. The construction of the trunk sewers will also allow the decommissioning of old pumping stations, which will reduce Lahore Wasa’s operating costs. The federal government has assured the AIIB that the Lahore agency will use the bank’s ESF to guide their environmental and social due diligence and preparation of relevant instruments. The agency has carried out preliminary due diligence, including three environmental and social impact studies of the project, in accordance with national policy and requirements.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
Gold Rates in Pakistan Today – 22 December 2024 – Gold Prices in Lahore, Karachi, Islamabad
2025-01-15 08:39
-
South Africa defeat Pakistan by two wickets in first Test
2025-01-15 08:28
-
PSL 10: Pick order for player draft revealed
2025-01-15 08:04
-
Rohit Sharma supports Virat Kohli to tackle off-stump problems
2025-01-15 06:01
User Reviews
Recommended Reads
Hot Information
- Pak forces continue anti-terrorism push, eliminating eight militants in KP IBOs
- VIDEO: Virat Kohli faces fine, online backlash for shouldering Konstas
- West Indies unveil 15-member squad for Test series against Pakistan
- Australia take seven wickets after tea to beat India in Melbourne
- Alizeh Shah’s bold look in new music video goes viral; fans react
- PSL 10: Pick order for player draft revealed
- Australia take seven wickets after tea to beat India in Melbourne
- Preparations in full swing as runners look forward to Karachi Marathon
- Gold Rates in Pakistan Today – Gold Price Daily Updates for 4 January 2025
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content