Karachi: According to news reports, the Sindh government signed a Memorandum of Understanding (MoU) with the International Finance Corporation (IFC) on Tuesday (December 07) for a 65 million gallon per day water delivery project. The initiative would provide safe drinking water to one million Karachi residents.
According to the newspaper, as part of the arrangement, the IFC will advise and support the Karachi Water and Sewerage Board (KWSB) in restructuring and tendering for the project. The project will be built utilising a public-private partnership (3P) format, and will feature water treatment facilities as well as a bulk water transportation system that will transport water from Keenjhar Lake in Thatta.
IFC Senior Vice President Stephanie von Friedeburg remarked that the county’s major city’s lives and companies have long been harmed by the water crisis. On the other hand, this project will lay the framework for future initiatives.