Brazil’s Casan Seeks IFC Water Improvement Loan

Casan, the Brazilian water company for the state of Santa Catarina, is seeking a $21m loan from the International Finance Corporation (IFC) to part-finance water schemes.

The work includes improvements to 20 water and sanitation systems in 20 large urban areas of the Santa Catarina state.

The loan has been sought to improve the commercial and operational efficiency of the water systems, consumption metering production and flow metering.

The total cost of the project is estimated at $27m, according to bnamericas.com.