The USD 100 million operation, financed by the International Bank for Reconstruction and Development (IBRD), has a final maturity of 25 years, including a 5-year grace period.
WD News: The World Bank has approved financing to the tune of USD 100 million for the “Water Sector Resilience Project in El Salvador” which will help to improve the quality, reliability, and efficiency of the water supply services in selected areas of the country and, in the event of an emergency due to natural phenomena, it will allow for a rapid and effective response.
The work areas would be those in the San Salvador Metropolitan Area that receive water from the Torogoz water treatment plant, which includes the municipalities of San Salvador, Apopa, Ciudad Delgado, Cuscatancingo, Ayutuxtepeque, and Soyapango.
“It is essential for our country to promote the rational use of water so as not to compromise or jeopardise its availability for future generations,” said Finance Minister Alejandro Zelaya.
The project will enhance the quality, reliability and efficiency of water services by financing works, goods, and services that improve the resilience of water supply infrastructure and the provision of water services for at-risk populations in urban and peri-urban areas of San Salvador. It will also finance the implementation of a program to reduce physical and commercial losses of non-revenue water in the area of influence of the Torogoz water supply system, which supplies water to approximately 40% of the population of the metropolitan area.
In addition, the National Aqueduct and Sewerage Administration will be strengthened in its modernisation process to improve delivery of climate-resilient water supply and sanitation services.
“We believe it is of critical importance to work for Salvadoran families that are exposed to droughts, storms, and floods who suffer constantly from the disruption of their water services,” said Carine Clert, Country Manager for El Salvador and Costa Rica.
Source: World Bank
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