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Pakistan

World Bank approves $240mn for WASH services in Karachi

  • Financing to support investments in water, sanitation services
Published December 13, 2024 Updated December 13, 2024 10:56pm

The World Bank approved $240 million in financing for the Second Karachi Water and Sewerage Services Improvement Project (KWSSIP-2). The project is aimed at providing safely managed water, sanitation, and hygiene (WASH) services in Karachi.

According to a statement released by the World Bank on Friday, KWSSIP-2 will be co-financed by the Asian Infrastructure Investment Bank (AIIB) with $240 million. In addition, there will be a government contribution of $250 million and expected private sector and commercial finance of $269 million.

“Safely managed WASH services are the foundation of public health and quality of life and are central to addressing the stunting crisis in Pakistan,” said Najy Benhassine, World Bank Country Director for Pakistan.

“KWSSIP-2 will expand the scope of investments in bulk water augmentation, water treatment, wastewater treatment and reuse, water distribution, and sewer network rehabilitation. About half of all beneficiaries will be women, 58% will be youth (age 15–24), as well as over half a million people in Katchi Abadis (informal settlements).”

World Bank likely to approve $240m KWSSIP-2 tomorrow

According to the global lender, the project builds on KWSSIP-1 and will finance and expand on several investments to strengthen Karachi’s water supply, sewerage, sanitation, and treatment infrastructure throughout the city.

In addition, it will improve water and wastewater infrastructure and help expand safe drinking water and sanitation services in several Katchi Abadis (informal settlements), which will benefit over half a million people.

World Bank stated that in the long-term, the project would lead to reduced cost of using alternative water sources, reduced time spent collecting water, and health benefits from reducing waterborne diseases.

“KWSSIP-2 will also continue to address the gender gap in employment, representation, and leadership at the Karachi Water and Sewerage Corporation (KWSC) through gender-inclusive recruitment plans to hire more women in technical and decision-making positions,” said Khairy Al-Jamal, Task Team Leader for the project.

“It will support technical training for women, institutionalize an internship program for women graduates and create pathways for them to find employment within the utility, and support promoting women employees to higher-grade positions.”

$425m national transmission modernisation project: World Bank rates implementation as ‘moderately satisfactory’

The project will provide a safely managed water supply to nearly 16 million people and sanitation services to nearly 7.5 million people in Karachi by 2030. It will also improve the performance and financial sustainability of KWSC and promote private-sector partnerships in the delivery of WASH services.

This project is the first phase of the World Bank’s Pakistan Urban WASH Services Programme that aims to reach 33.5 million people with safely managed WASH services by 2035.

Comments

Comments are closed for this article.

Kakoola Dec 13, 2024 05:05pm
I bet the government can raise $500 million in a month if allows black money to be legalise with 50% tax.
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Haleema Dec 13, 2024 07:01pm
I need laptop for online learning plz . I'm student of bs accounting and finance. My all classes online. And now i need a laptop. I hope you understand my words. Thanks
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Haleema Dec 13, 2024 07:08pm
Assalamualaikum! I'm student of bs accounting and finance. My all classes online and i need any online government job . That reason i need laptop. Plz i request of respected Maryam Nawaz sharif sahiba . Plz understand my situation. I hope you understand my words. I waiting for your response. Thanks
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Jamil Ahmed Dec 13, 2024 11:20pm
assalamulkum After a long time a good news for karachities especially for katchi abides. In Pakistan water borne disease has been major issues of population.Hope the issue Will be resolve forever
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Shaheryar Sultan Dec 14, 2024 12:12pm
Is world bank wasting its money or are we going to pay another debt with multiplication.
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Shaheryar Sultan Dec 14, 2024 12:13pm
Another debt coming with multiplication.
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Adnan Dec 14, 2024 09:41pm
Please don't give him money they Do Nothing
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Arshad Ali Dec 15, 2024 08:27am
There should be forieghn company hired for all these project we are looking Karachi with broken road and dirt from last 40 years
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Syed waqar ali Dec 15, 2024 10:43pm
We are glad that world bank is financing Karachi water crisis, please keep an eye on it because we are paying 2400 PKR monthly without getting a single drop of water. Looking forward for your reply.
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