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World Bank funds water needs
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THE World Bank Board of Executive Directors has just approved three loans totaling US$500 million for three provinces in China to improve water environmental services in urban and rural areas, said the bank’s China office yesterday.
The three provinces are Qinghai and Shaanxi in northwest China and Zhejiang in east China.
“These projects support the key objectives of the Chinese government: They help reduce the gap in services between urban and rural areas and between western and eastern provinces. This also aligns well with the World Bank’s new goal of shared prosperity,” said Bert Hofman, the bank’s new country director for China, South Korea and Mongolia.
According to the bank, US$150 million will be allocated to a project in Xining, capital of Qinghai Province, to tackle its dual challenges of water shortage and a deteriorating water environment.
The project will reduce water pollution from municipal sources and increase reuse of waste water in the Huangshui River basin.
Another US$150 million will go to the Small Towns Infrastructure Project in Shaanxi Province.
It will help the province cope with rapid urbanization by improving public services and utilities in nine counties and districts to lift their capacity to adapt to rural-urban migration.
The remaining US$200 million is for the Zhejiang Rural Water Supply and Sanitation Project, which will address the urban-rural gap in water and sanitation services through construction or rehabilitation of raw water mains, water distribution networks and water treatment plants.
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