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ADB Approves Loan To Clean Up Most Polluted River In China
Manila (AFP) Jun 26, 2006 The Asian Development Bank said Monday it approved an 80 million-dollar loan to help clean up one of China's most polluted rivers. It covers about half the cost of reducing pollution in the Hai river basin of Shandong province in China's industrial belt, the Philippines-based lender said in a statement. The bank estimates that more than 80 percent of the river water is polluted due to industrial discharge, particularly from paper and pulp production. Four waste treatment plants would be built along with three solid waste management facilities. "By improving environmental and sanitary conditions in the project areas, the project is expected to reduce the incidence of water- and vector-borne diseases, and improve living conditions," said ADB economist Lyaziza Sabyrova. The loan carries market rates and matures in 25 years, with payments to start after five years.
Source: Agence France-Presse Related Links - Chemical Blast In Eastern China Kills 14 Beijing (AFP) Jun 17, 2006 A blast at a chemical plant in eastern China has killed at least 14 people and left 30 others injured, local officials and media reports said Saturday. The blast occurred at the Dunan Chemical Group Co. in Dangtu county in Anhui province late Friday afternoon leveling a two-storey workshop that produced emulsifying agents for explosives, Xinhua news agency reported. |
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