SAO PAULO, 10/16/09 - Brazilian water and sewerage company Companhia de Saneamento do Estado de Sao Paulo (Sabesp) will receive a US$600 million loan from the Inter-American Development Bank (IDB) to expand the collection and treatment of the sewerage discharged into the Tiete River, in Sao Paulo. IDB is also helping the Sao Paulo State Government's plan to extend sewerage operations to the city's entire population by 2023. The project is estimated at R$4.7 billion, or US$2.6 billion.

The loan will enable 200,000 households to be connected to the city's sewerage system, thus benefiting 800,000 people, and will finance the modernization and construction of several sewerage treatment plants.

When the works are concluded, 84% of the city's sewerage will be treated against current 66%.

(Newsroom - Agencia IN)

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