"Myanmar and Japan have signed four loan agreements worth about US$1.1 billion (120.915 billion yen, or 1.61 trillion kyats) to fund sewerage, urban development, power distribution and infrastructure improvement projects in seven regions and states in Myanmar. The four Official Development Assistance (ODA) loan agreements were signed on Tuesday between Japanese Ambassador Maruyama Ichiro and U Maung Maung Win, Myanmar’s deputy minister for planning, finance and industry, with the aim of improving living standards and economic and social development in Myanmar, the Japanese Embassy in Yangon said in a statement. About 45.9 billion yen will go towards developing Yangon’s sewerage system. The funds will be used to renovate and expand wastewater treatment plants, lay sewer pipes and improve living standards in the central business district of Yangon. Currently, much of Yangon’s human waste and domestic and industrial wastewater flows into the Yangon River untreated, resulting in poor water quality..."