Argentina Seeks $200m Loan for Norte Grande Water Projects

Argentina is seeking a $200m loan from the World Bank to finance sanitation projects in Norte Grande.

The Norte Grande project will address infrastructure gaps and increase sustainable access to sanitation and water supply services in the region.

Argentina plans to use $143m of the funding for its water supply and sanitation infrastructure, which includes wastewater treatment plants, pumping stations, main collectors and secondary sewerage networks.

The country will use $15m for institutional development and technical assistance, and another $15m will go towards project management and supervision.

Following approval of the loan, the Argentine Government will provide $40m in counterpart funding for the project, according to www.waterworld.com.