REAL ESTATE TRENDS

WB allocates PKR 10 mn for SSWMA’s improvement

Karachi: The World Bank has announced its decision to allocate USD 10 million to the Sindh Solid Waste Management Authority (SSWMA) – with an aim to turn the latter into a world-class organisation, a news source reported.

Read: World Bank signs financing agreement for Sindh energy project

This initiative was announced during a meeting between Sindh Chief Minister (CM) Syed Murad Ali Shah and an eight-member World Bank delegation led by Global Director for Urban, Resilience and Land Practice Groups Dr Sameh Naqub Wahba Tadros.

Read: Waste-to-fuel generation plant to be installed in capital

The CM said that the SSWMA was a new organisation which would require time to build expertise and reach international standards. In response, Dr Dameh agreed to provide USD 10 million to the organisation in order to facilitate improvements in its technical operations and capacity building, as well as to fund the construction of a new landfill site in Karachi.

The landfill site will be constructed over a piece of land provided by the government, measuring 500 acres, available on the outskirts of Karachi. The CM stated that the SSWMA, with the assistance of the World Bank, was aiming to make the site a modern and environmentally friendly endeavour.

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