IFC, Sindh Govt Signed Mou for 65 MGD Water Supply
Tuesday, December 7, 2021, Karachi: According to sources, the Sindh government signed a Memorandum of Understanding (MoU) with the International Finance Corporation (IFC). A daily water supply of 65 million gallons will be available. This project will assist one million Karachi residents in gaining access to water.
IFC will provide assistance to Karachi Water and Sewerage Board for project restructuring and bid solicitation (KWSB). This project is based on the 3P model of public-private partnership. In addition, it includes the building of water treatment facilities. The water will be transported in bulk from Keenjhar Lake in Thatta.
Stephanie von Friedeburg, senior vice president of the IFC, stated that they had taken the initiative to provide water to every resident of Karachi.
The Pakistan Water and Power Development Authority (WAPDA) is also working on a similar project known as K-IV, which will supply Karachi with 260 million gallons of water per day.
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