Is this $4.9B leak correction program a part of the K- Factor program

The Prime Minister recently announced that launch of a $J 4.9B project to address the massive NRW being experienced by the NWC. The question I would like to ask, does this form part of the K-Factor program that was launched in 2013 by the Minister of Water, Bobby Pickersgill ?

Here is what  the Prime Minister announced and below that is the link to the K-Factor speech that was given by Bobby Pickersgill.

K Factor Program


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