Karachi: The Sindh government on Tuesday (December 07) signed a Memorandum of Understanding (MoU) with the International Finance Corporation (IFC) for a 65 million gallon per day water supply project, news sources reported. The project will benefit one million Karachi citizens in securing potable water.
As per the report, the IFC would advise and provide assistance to the Karachi Water and Sewerage Board (KWSB) in restructuring and tendering for the project as part of the deal. The project will be built using the public-private partnership (3P) model and includes the construction of water treatment facilities as well as a bulk water conveyance system that will transport water from Keenjhar Lake in Thatta. On the occasion, IFC Senior Vice President Stephanie von Friedeburg said that the water shortage has long affected the life and businesses of the county’s largest city. This initiative, on the other hand, will provide the groundwork for future green-field water infrastructure initiatives.
Nauman Ahmad is an imaginative Pisces whose love for literature and nature is unparalleled. When he's not reading or hiking, he's sleeping and eating, which gives him plenty of energy for his next adventure.
