Lebanon Businessnews News

Wastewater projects
receive a $100 million boost
Akkar, Chouf, Bekaa, and Arkoub are target areas
Share     Share on Facebook     Share on LinkedIn    
Parliament approved on November 13 a loan agreement with the Arab Fund for Economic and Social Development to complete miscellaneous wastewater projects.

The loan, valued at 30 million Kuwaiti Dinars (around $100 million), will be paid back over a period of 18 years, with a grace period of five years, with a yearly interest of three percent.

The loan will be used to develop a 108 kilometer-long wastewater network through 20 villages in Akkar. This includes 27 km of additional secondary networks, more than 1,000 inspection rooms, household connections, and the development of a secondary treatment plant with a capacity of 30,000 cubic meters.

The funds will also be used for the completion of main and secondary collection lines in 15 Chouf villages. This part is composed of 84 km of secondary networks, pumping stations, and around 4,000 household connections.

Another part of the loan will be used for developing wastewater connections in seven villages of central and north Bekaa. It will include a 66-km collection network near the Litani River, 52 km long secondary lines, and 1,540 household connections. A 15,000 m3 treatment plant will be constructed in Temnin el Tahta.

Wastewater networks will be developed in ten villages in Arkoub. They include 68 km of main and secondary lines, 6,000 household connections, the restoration of a treatment plant in Hebbariyeh, and four new plants in Al Fardis, Shebaa, Kfar Shouba, and Rachaya al Fakhar.

The loan’s expenditure and works will be handled by the Council for Development and Reconstruction (CDR).
Reported by Yassmine Alieh
Date Posted: Nov 25, 2015
Share     Share on Facebook     Share on LinkedIn