As many as 75 lakh citizens in Kerala are expected to benefit from a USD300 million project funded by the World Bank and Asian Infrastructure Investment Bank to improve solid waste management in urban local bodies by providing technology- assisted processing facilities.
The Kerala Solid Waste Management project will cover 87 municipalities and six Corporations in the State. The project has taken effect from March 8 after the signing of the USD300-million agreement between the government and funding agencies was formalised, Minister for Local Self-Government M.V.Govindan said here on Friday.
He said efforts were on to procure the first tranche of the loan for the project to be completed in six years. Of the total assistance, the World Bank and AIIB would provide USD105 million each and the State government will cough up USD90 million.