Middle East Economic Survey

VOL. XLVII

No 23

07-June-2004

AID

World Bank Lends Iran $359Mn For Urban Development, Water And Sanitation

The World Bank has approved a loan of $359mn to Iran for two projects aimed at improving housing conditions and water and sanitation services in the cities of Ahwaz and Shiraz. The Water Supply and Sanitation Project, costing $279mn, supports the initial phase of a long-term development plan to expand water and wastewater facilities in the two cities by 2027. While...