IDB to finance 125m euro loan for Tehran WWTP project

EghtesadOnline: Deputy Head of Tehran Sewage Treatment Company for Engineering and Development Affairs Farhad Jalali Amin says Islamic Development Bank will meet 125 million euro of the credit needed for Tehran sewage treatment projects.

News ID: ۷۴۲۵۴۱

05 July 2017

Jalali Amin further told reporters that the credit will be spent on the project for establishment of a tunnel for transfer of sewage in the western part of the capital city (the Western Tehran Wastewater Treatment Plant (WWTP) and on sewage treatment center in Southwestern part of the city.

The official said the IDB has thus far paid portion of the cash and the rest will be provided gradually as the project advances, IRNA reported.