In a flow to strengthen sanitation infrastructure and improve public health in underserved regions, Iraq has signed two essential financing agreements with France’s Agence Française de Développement (AFD), totaling €one hundred thirty million.
Iraqi Finance Minister Taif Sami Mohammed signed the two agreements on Tuesday, within the presence of the French ambassador in Baghdad.
The investment will guide key wastewater treatment projects. A €110 million package, which includes a €30 million pinnacle-up mortgage, will pass closer to increasing the Khalidiya sewage device in Al Anbar Governorate. meanwhile, a further €a hundred million has been earmarked for the development of the Hamza sewer project in Diwaniya Province.
those projects intention to enhance vital services and dwelling situations, specially in low-income regions of Iraq. AFD, active in Iraq due to the fact that 2011, has up to now invested around €six hundred million in public and commercial development throughout the united states. The contemporary agreements mark another step in deepening Iraq-France cooperation on infrastructure and sustainable development.