OPEC Fund Quarterly - 2024 Q4

SPECIAL FEATURE

OPEC Fund approved:

US$6.5 million

TÜRKIYE Zonguldak Waste Water Treatment Plant Project Zonguldak is a city of more than 250.000 people in the Black Sea region of Türkiye and used to serve as a port for nearby coal mines. The OPEC Fund approved a US$6.5 million in 2008 for a US$30.4 million project to enhance an existing plant by installing an integral system beginning with the collection of wastewater, transport to a new facility and finally the discharge of treated water into the Black Sea. The project was completed in 2014 and improved public health through better disposal of wastewater and contributed to improvements in the municipality’s hydrology and water quality. The government of Spain contributed US$13 million to the project.

OPEC Fund approved: US$4 million

CAMBODIA Phnom Penh Water Supply and Drainage Project

The OPEC Fund approved a US$4 million loan in 1997 in support of a project led by the Asian Development Bank (ADB). The loan financed the installation of 15.6 km of new water mains and 96 km of distribution piping in the Cambodian capital Phnom Penh. Additionally, drainage facilities were rehabilitated and upgraded, while a pumping station and spillway were reconstructed. Special equipment and vehicles were also supplied to the city’s water authority. The project was completed in 2003 and the ADB provided US$20 million.

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OPEC Fund approved: US$3 million

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OPEC Fund approved: US$14.85 million

KENYA Nairobi Water Supply Project

MALAWI Mzimba Integrated Urban Water and Sanitation Project Mzimba is a town in central Malawi, Southeast Africa, in a district populated by almost one million people. The OPEC Fund approved a US$14.85 loan in 2015 in support of a project to rehabilitate and expand the existing Mzimba water supply system to provide people in the project area with reliable and sustainable potable water supply and improved sanitation services. Co-sponsors included the African Development Bank (AfDB) with US$5 million and the government of Malawi with US$2.94 million. The project was successfully completed in 2020.

A rapidly growing population exerts permanent pressure on the water supply system of the Kenyan capital Nairobi, one of the fastest expanding cities in Africa. When the OPEC Fund extended a US$3 million loan to the government in 1977 to increase the water production and transmission capacity of Nairobi’s water supply system, the population stood at 862,000. Today, this has grown to approximately 3.5 million residents. The project was successfully completed in 1989 and co-financiers included the Saudi Fund for Development (US$24.9 million) and the World Bank Group (US$11.8 million).

Photo: OPEC Fund

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