Tuesday, February 13, 2018

Kuwaiti Fund to finance Shouf wastewater project.

The Council for Development and Reconstruction signed a $50 million loan agreement with the Kuwait Fund for Arab Economic Development (KFAED) for the development of wastewater projects in the Shouf.

The loan has a grace period of five years before repayments begin. The repayment period is 20 years.

The loan will be used for the development of two tertiary wastewater treatment stations. The first will have a capacity to treat ten thousand cubic meters of wastewater daily and will se...

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