Moldavia: EIB supports water projects in Moldova
The European Investment Bank (EIB) is lending EUR 10
million for a country-wide investment programme for the water sector in the
The EIB loan will
finance a series of priority investment schemes to provide improved water
supply services and to collect and treat municipal wastewater that is currently
being discharged largely without treatment. The project will increase the
population’s access to drinking water, and will contribute towards reducing the
pollution of local ground and surface waters. It will also improve
environmental conditions in the rivers Prut and Nistru as well as ultimately the
The project will contribute to the implementation of the EU’s policy of support for the Eastern Partnership countries. Furthermore, it is important for regional cooperation in the Danube Region, and will thus support the EU Strategy for the Danube Region, which is expected to be launched in the coming months.
EIB President Philippe Maystadt, who signed the loan contract with Vladimir Filat, Prime Minister of the Republic of Moldova, stated: “I very much welcome this project as it will not only contribute to improving the quality of life of people living in the towns and neighbouring villages concerned in the Republic of Moldova, but on a wider scale will also help improve the environment, and therefore living conditions, in the region as a whole”.
The project is being co-financed by the European Bank for Reconstruction and Development (EBRD) as well as the EU Commission through its Neighbourhood Investment Facility (NIF).
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Background:
This is the third loan provided by the EIB in the
Under
the current mandate, the EIB can lend up to EUR 3.7 billion to projects in
In addition, the EIB has set up the Eastern Partners Facility (EPF) for an amount of EUR 1.5 billion, complementing the aforementioned mandate for the 2007-2013 period and enabling the Bank to particularly support EU foreign direct investment (FDI) in the region for investment grade projects.
Contact information |
Communication Department, Mr Dušan Ondrejička, EIB
(email: d.ondrejicka@eib.org) Phone: +352-4379-83334 |
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News type | Inbrief |
File link |
http://www.eib.org/projects/press/2010/2010-143-eib-supports-water-projects-in-moldova.htm |
File link local | b10_143.en.doc (DOC, 50 Kb) |
Source of information | EIB |
Subject(s) | ANALYSIS AND TESTS , CHARACTERISTICAL PARAMETERS OF WATERS AND SLUDGES , DRINKING WATER , DRINKING WATER AND SANITATION : COMMON PROCESSES OF PURIFICATION AND TREATMENT , FINANCE-ECONOMY , HYDRAULICS - HYDROLOGY , INDUSTRY , INFRASTRUCTURES , MEASUREMENTS AND INSTRUMENTATION , POLICY-WATER POLICY AND WATER MANAGEMENT , PREVENTION AND NUISANCES POLLUTION , SANITATION -STRICT PURIFICATION PROCESSES , SLUDGES , WATER QUALITY |
Geographical coverage | Moldavia, |
News date | 01/10/2010 |
Working language(s) | ENGLISH |