GULF OF FINLAND
March 1st, 2003
BY KEITH NUTHALLAN INTERNATIONAL financing consortium is to fund a previously abandoned Euro 166 million project to build a waste water treatment plant in St Petersburg, Russia. Its aim is to prevent pollution in the Gulf of Finland, which causes environmental health problems in neighbouring Finland and Estonia. The Nordic Investment Bank, the European Bank for Reconstruction and Development and the European Investment Bank are participating in financing the plant, which is expected to cleanse 330,000 cubic metres of sewage a day. Work on this St Petersburg ...
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