Va Tech Wabag Secures Rs 800 Crore Investment From World Bank and AIIB For Bangladesh Project – Outlook India

The World Bank and the Asian Infrastructure Investment Bank (AIIB) have recently announced a major investment of Rs 800 crore for the Bangladesh project of Va Tech Wabag. This is a significant milestone for the Indian water technology company, which is now set to make a major impact in the global water sector.

Va Tech Wabag is a leading provider of water and wastewater treatment solutions, with a presence in over 70 countries. The company has been providing innovative solutions to the water sector for over two decades and has developed a strong reputation for its quality products and services.

The Rs 800 crore investment from the World Bank and AIIB will be used to finance the Bangladesh project of Va Tech Wabag. The project involves the construction of two water treatment plants in the country, which will provide clean drinking water to millions of people in Bangladesh. The project is expected to be completed by 2021 and will help to improve the quality of life for many people in the country.

The investment from the World Bank and AIIB is a major boost for Va Tech Wabag and will help the company to expand its operations in Bangladesh. The investment will also help to create jobs in the country and will contribute to the economic development of Bangladesh.

The investment from the World Bank and AIIB is an important step towards achieving the Sustainable Development Goals (SDGs). The SDGs are a set of global goals that aim to end poverty, protect the environment and ensure that everyone has access to quality education, health care and clean water. The investment from the World Bank and AIIB will help to ensure that these goals are met in Bangladesh.

Va Tech Wabag is committed to providing sustainable solutions to the water sector and this investment from the World Bank and AIIB will help the company to achieve its goals. This investment is a major milestone for Va Tech Wabag and will help to improve the quality of life for many people in Bangladesh.

Source: news.google.com

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