BR100 Decreased By (-0.54%)
BR30 Decreased By (-0.74%)
KSE100 Decreased By (-0.42%)
KSE30 Decreased By (-0.37%)
AGHA 6.62 Decreased By ▼ -0.05 (-0.75%)
BECO 4.39 Increased By ▲ 0.04 (0.92%)
BML 54.95 Decreased By ▼ -1.22 (-2.17%)
BOP 29.93 Decreased By ▼ -0.19 (-0.63%)
CNERGY 12.80 Decreased By ▼ -0.18 (-1.39%)
CSIL 5.20 Decreased By ▼ -0.11 (-2.07%)
FCCL 51.18 Decreased By ▼ -0.47 (-0.91%)
FFL 14.40 Decreased By ▼ -0.09 (-0.62%)
FNEL 1.23 Increased By ▲ 0.02 (1.65%)
KEL 6.03 Decreased By ▼ -0.03 (-0.5%)
KOSM 5.60 Decreased By ▼ -0.24 (-4.11%)
LOTCHEM 26.07 Decreased By ▼ -0.10 (-0.38%)
MLCF 89.90 Decreased By ▼ -1.33 (-1.46%)
NBP 162.53 Decreased By ▼ -1.66 (-1.01%)
NCPL 52.37 Decreased By ▼ -0.81 (-1.52%)
NPL 57.85 Decreased By ▼ -1.27 (-2.15%)
OGDC 313.00 Decreased By ▼ -0.39 (-0.12%)
PACE 9.71 Decreased By ▼ -0.06 (-0.61%)
PAEL 34.90 Decreased By ▼ -0.34 (-0.96%)
PIBTL 14.37 Decreased By ▼ -0.34 (-2.31%)
PPL 219.15 Decreased By ▼ -2.21 (-1%)
PRL 91.60 Increased By ▲ 0.38 (0.42%)
PTC 59.25 Increased By ▲ 0.06 (0.1%)
SSGC 23.37 Increased By ▲ 0.07 (0.3%)
TBL 8.65 Decreased By ▼ -0.10 (-1.14%)
TELE 7.47 Decreased By ▼ -0.14 (-1.84%)
TPL 21.32 Decreased By ▼ -0.71 (-3.22%)
TPLP 12.14 Decreased By ▼ -0.42 (-3.34%)
TREET 21.64 Decreased By ▼ -0.09 (-0.41%)
TRG 55.20 Decreased By ▼ -0.59 (-1.06%)

ISLAMABAD: France will provide a grant of 0.3 million euros for the Babu Sabu Wastewater Treatment Plant-Financing Project Management Unit.

Dr Kazim Niaz, secretary of Ministry of Economic Affairs (MoEA), and Philippe Steinmetz, country director of the French Agency for Development (AFD), signed the Grant Financing Agreement worth €0.3 million for Babu Sabu Wastewater Treatment Plant-Financing Project Management Unit.

Sardar Ayaz Sadiq, the Minister for Economic Affairs witnessed the signing ceremony of the grant agreement.

The French grant assistance will support WASA-Lahore in establishing the project management unit for the Babu Sabu Wastewater Treatment Plant project which is also expected to be financed by AFD.

With the help of this grant assistance, WASA-Lahore will be able to prepare and ensure smooth implementation of the main project. Additionally, this will strengthen the institutional capacity of Water and Sanitation Agency Lahore (WASA, Lahore) to deliver improved services to the people of the metropolitan city of Lahore.

Babu Sabu wastewater treatment plant is expected to contribute towards environmental improvement by treating 170 MGD of domestic sewage prior to disposal in River Ravi.

The Republic of France through the French Agency for Development is working in Pakistan providing technical and financial support in the energy and urban development sector aiming green investment in Pakistan.

The Minister for Economic Affairs thanked the French government and AFD for extending this financial grant assistance to Pakistan.

Copyright Business Recorder, 2022

Comments

Comments are closed for this article.