The Asian Development Bank has approved loans worth USD100 million each for two massive development projects in the People’s Republic of China.
The Wuhan Urban Environmental Improvement Project is an initiative that involves the treatment and disposal of sewage sludge, and the rehabilitation of polluted lakes and water channels. It will be implemented by the Wuhan municipal government and is expected to be completed by December 2014.
The Chongqing Urban-Rural Infrastructure Development Demonstration Project, on the other hand, will provide new and improved roads and potable water supply to eight poverty-stricken districts and counties. The project, which will run until 2015, will build or renovate around 362 kilometers of roads, and construct and improve nine water supply facilities, including treatment plants and pipelines.