New JBIC loan for Sabesp

SÃO PAULO STATE WATER COMPANY, Companhia de Saneamento Básico de São Paulo (Sabesp) received a $150 million loan from the Japan Bank for International Cooperation (JBIC) last month.

The Japanese credit, together with $100 million of counter-part funding from the São Paulo state government, will be invested in basic sanitation schemes in seven municipalities in the Baixada Santista, the seaboard area centred on Santos.

The work, to start in the last quarter of this year, covers seven WwTPs, a pre-treatment plant for a sea outfall, 1000km of sewerage networks and...

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