14ymedio, Havana, 26 March 2015 — The Kuwait Fund for Arab Economic Development awarded $21 million for the rehabilitation of water supply and sewer networks in Havana, as reported Thursday in the official media. With the signing of three agreements Wednesday, the second phase of the project gets underway; the project began in 2012 when the Fund awarded a credit to work on water resources in the capital.
The total amount of Kuwaiti aid for rehabilitation of networks amounts to $52 million in the last three years. It is expected that the works will be completed in all of the capital’s municipalities within 14 years.
The Cuban side at the time of the signing of the agreements was headed by Minister of Foreign Trade and Foreign Investment, Rodrigo Malmierca, while the general director of fund development, Abdulwahab Al-Bader, represented Kuwait.
“This is the fourth time we concluded agreements with the island and we are committed to continuing to provide credit to support works of such magnitude,” said Al-Bader. He added that his institution is ready to support the third stage of the capital rehabilitation and also evaluate the potential to contribute financially to other projects related to renewable energies.
The situation of hydraulic networks in Havana is a source of constant complaints from the population and heavy loss of water due to leaks and breaks. It is estimated that over 50% of the water pumped in the country is lost due to poor distribution infrastructure.