Volume. 12230

IDB approves €170m loan for Tehran wastewater project
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c_330_235_16777215_0___images_stories_edim_IDB_Logodd.jpgTEHRAN - The Islamic Development Bank has approved a €170 million loan for Iran to establish wastewater treatment facilities in Tehran.
Tehran Water and Wastewater Company Managing Director Mohammad Parvaresh, told the Mehr News Agency that the loan will be used to establish a wastewater treatment plant in western Tehran.
Iran Water and Wastewater Engineering Company Managing Director Mehdi Samareh-Hashemi, said in November 2011 that the country received a $50 million loan from the World Bank in late October for implementing wastewater projects in northern cities.
Iran has already received $145 million from the World Bank for the Tehran wastewater collection system, he added.

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Last Updated on 05 August 2012 13:28