$120 Million for Cleaning Up the Bay of Panama

©image: CAF

In the past decades, accelerated urban growth in Panama City has caused sewage problems and contamination in the bay of the city. The situation is being addressed through a clean-up project called "Proyecto de Saneamiento de la Ciudad y Bahía de Panamá", for which CAF has approved a $120 million loan.

The Health minister will supervise the project, which comprises building 135 kilometers of sewers, a sewage treatment plant, and other related works. It will require a total of $538 million, of which 22% is financed by CAF, 11% by the government and 67% through other financing sources.

Source: CAF

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