This USD 100 million loan will be used to upgrade water management infrastructure in the provinces of Jiangxi and Hubei and is Proparco’s first infrastructure finance project in China.
The United Nations believes that China is one of the countries most acutely affected by water shortages. Population growth, industrialisation and rapid urbanisation have all contributed to supply and pollution problems in a number of regions.
CWA finances, builds and operates water supply and wastewater treatment plants that benefit over 10 million people living in Chinese rural and peri-urban zones. It will use this new funding to upgrade its infrastructure, boost the production capacity of recently-acquired water supply and wastewater treatment plants and expand its operations by acquiring new plants.
This investment will therefore help to produce an extra 200,000 m3 of potable water and handle an additional 100,000m3 of wastewater every day. It will also improve connections to the drinking water and sanitation networks in the two provinces.
Nearly 10 million people will enjoy better, affordable drinking water that complies with World Health Organisation (WHO) standards.
The project will also improve wastewater treatment and collection. By reducing the pollution caused by wastewater discharges, the project will further contribute to the protection of natural resources and biodiversity preservation.
Thanks to better quality drinking water distributed in regions with a high incidence of waterborne diseases where risks are being exacerbated by climate change, this project also includes a resilience/adaptation dimension by reducing the exposure of these populations to such diseases.
Finally, the project will generate nearly 4,100 additional jobs, 40% of which will be for women.
Proparco and @DEG just granted $100 million to #China Water Affairs to support improved access to clean drinking water and sanitation in the Jiangxi and Hubei provinces. Nearly 10 million people will enjoy better, affordable drinking water: https://t.co/x4qVPBYlrg pic.twitter.com/VUlN0lyicH— Proparco (@Proparco) 13 novembre 2018