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World Bank allocates 224-million-dollar loan to water and sewage sector in Iran

Tehran, May 31, IRNA-Deputy Minister of Energy Reza Amrollahi here Tuesday announced that according to the approval of the World Bank last week, a 224-million-dollar loan will be allocated to Iran's water and sewage sector.

Speaking to reporters at a press conference, he added that the relevant facilities will be earmarked for implementation of water supply and treatment of waste water in the cities of Rasht, Anzali, Sari and Babol in northern Iran.

Turning to 819 million dollars of loan extended to the national water and sewage sector by the World Bank over the past three years, he noted, "A credit of 279 million dollars was also allocated by WB to modernization of the sewage systems of the cities of Ahvaz and Shiraz in the past Iranian year (ended March 20).

Concerning cooperation with foreign countries, Amrollahi put the value of the projects currently underway by the Ministry of Energy in foreign countries including Armenia, Azerbaijan, Turkmenistan, Mali and Zimbabwe at 400 million dollars.

Assessing the total value of the agreements currently being discussed between the Ministry of Energy and several countries at one billion dollars, he noted that implementing such projects overseas will pave the way for exporting domestic products.

"The project on Iran-Iraq power transmission line has been finalized and 100 MWs of power is currently being exported to Iraq per month, which is predicted to increase to 150 MWs soon," he added.

Criticizing integration of the two ministries of oil and energy, Amrollahi noted that given the satisfactory performance of the Ministry of Energy at present, there is no reason for such a move.

One of the items of a draft proposing integration of eight ministries recently submitted to the cabinet by the Management and Planning Organization suggests combining the ministries of energy and oil.

... Payvand News - 5/31/05 ... --

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