IDB Funds Belize Water Projects

The Inter-American Development Bank (IDB) will extend a $10m loan to Belize to improve water treatment facilitates in Placencia Peninsula.

The fund will be used to design and build an environmentally sound, sustainable and cost-effective wastewater management system, which will reduce the risk of environmental degradation at the tourist destination.

The fund will be utilised for construction of a sewerage collection network, a treatment plant and disposal system, which will also incorporate existing individual wastewater treatment facilities.

The loan includes a $5m loan from IDB and another $5m from the Global Environment Facility.