IDB, Ecobank earmark €377m for Iran’s water and wastewater projects

TEHRAN,March 13(MNA) - The Islamic Development Bank and the Ecobank have allocated €377 million to Iran’s water and wastewater projects, IRNA quoted Iranian water and wastewater company official Hossein Bonakdari as saying. The IDB and the Ecobank allocated €342 million and €35 million, respectively, he noted. He added that 8.75 trillion rials (about $714 million) worth of bonds were issued and a major portion of which were sold to finance water supply projects.