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LOANS & CREDITS

Panama: Panama Metro Water and Sanitation Improvement Project

May 18, 2010



IBRD Loan: US$40 million
Terms: Maturity = 20 years; Grace = 5 years
Project ID: P119694

Project Description: The objective of the project is to increase the quality, coverage and efficiency of its water supply and sanitation (WSS) services in the lower-income neighborhoods of selected areas of the Panama Metropolitan Region (PMR). The project will increase the coverage of reliable water supply and sanitation services, in selected areas of the PMR where living standards are lower and also the provision WSS services is of an inferior quality compared to the rest of Panama city. It will finance network extension and rehabilitation activities, initially focusing on the neighborhoods of Alcalde Diaz and Chilibre and parts of the district of San Miguelito in Panama metro, where service is currently limited for a significant part of the residents and sewer connection rates are lower than in other parts of the PMR.

 

 


Media Contacts
Alejandro Cedeno
Tel : (202) 473-3477
acedeno@worldbank.org

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