The Development Bank of Latin America has confirmed another loan to finance the design and construction of the wastewater system in Arraiján and La Chorrera, in West Panama.
The funds will be executed by the Ministry of Health (MINSA) through the Coordination Unit of the Panama Sanitation Program (UCP). This is the seventh approval of a credit operation of the CAF to support the execution of the Panama Sanitation Program, which with this new disbursement reaches a total financing amount of USD 628 million. The resources of this operation will be used for the design and construction of networks and sewage collectors, as well as domiciliary and intra-domiciliary connections that allow houses to be incorporated into the sanitation system.
From a statement issued by the Development Bank of Latin America:
The funds approved by CAF – development bank of Latin America – will contribute to improving the quality of life of about 276,000 people in the districts of Arraiján and La Chorrera, in the province of West Panama, by building a system for collection, treatment and final disposal of wastewater.
The CAF – development bank of Latin America – approved a USD 125 million loan in favor of the Republic of Panama to expand and improve the wastewater collection system in the districts of Arraiján and La Chorrera, which will contribute to providing better sanitation services and improving living conditions and the social and environmental surroundings of the population.