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World Bank arm to invest USD 60 mn to transform sanitation infra in Visakhapatnam

World Bank arm to invest USD 60 mn to transform sanitation infra in Visakhapatnam

International Finance Corporation has pledged support to Visakhapatnam. They will provide funds for sanitation. The funding amounts to USD 60 million. It will be used for the Madhurawada Sewerage System Project. This project aims to improve sanitation in Visakhapatnam. This is the first direct municipal financing by IFC in India. The project will transform sanitation infrastructure.

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