CABEI and Korea promote modernization of wastewater treatment plant and sewerage systems in rural Costa Rica
US$600,000 in non-reimbursable technical cooperation from the CABEI-Korea Sole Donor Trust Fund (KTF) will benefit more than 84,000 inhabitants of Liberia, Guanacaste province.
San José, April 12, 2021- The Central American Bank for Economic Integration (CABEI) announced today that it will be executing a $600,000 non-reimbursable technical cooperation grant recently approved by the Republic of Korea within the CABEI-Korea Single Donor Trust Fund (KTF) framework to carry out feasibility studies for the modernization and expansion of the wastewater treatment plant and sewerage systems in the Liberia, Guanacaste province, in order to improve the quality and efficiency of the existing wastewater treatment plant and sewerage systems.
It is estimated that the beneficiary population is more than 84,000 people, since this cooperation will identify the current challenges in the water and sanitation sector in the area, measure the demand for water and sanitation services in the intervention area, and propose new infrastructure and solutions to be developed to ensure the optimal use of these services for the benefit of the local population.
CABEI Executive President, Dr. Dante Mossi explained that "the studies will be used as fundamental inputs for the project´s development and the strengthening of the Costa Rican Institute of Aqueducts and Sewerage (AYA), serving as an example of the consolidation of relations between CABEI, the region´s countries and the Republic of Korea, which will continue to be of great benefit to the population."
The cooperation will also provide the basis for an investment plan and will contribute to the proposal of a regulatory framework to support the expansion of water and sanitation services in the country, which could facilitate the implementation of a Public-Private Partnership scheme for the provision of these important services for the population, as well as an exchange of knowledge in the sector.
The execution of the Technical Cooperation is expected to start during the second quarter of 2021.