LONDON, 07-Sep-2016 — /EuropaWire/ — The EBRD is working with the EU and Sweden to finance the renovation and development of a clean water and wastewater systems in Bosnia and Herzegovina benefitting more than 35,000 people.
Addressing such regional challenges is among the EBRD’s top strategic priorities and many donors are keen to help such initiatives too.
Loans from the EBRD have now funded the construction of a new wastewater treatment plant as well as two wastewater collectors.
The project has also seen the removal of all old septic tanks, the replacement of asbestos-cement water pipes as well as the expansion of the water supply network.
A consultant hired for the project also ensured that all the facilities comply with European Union (EU) standards.
The EBRD provided €12 million over two phases of the project, while the Swedish International Development Cooperation Agency and the European Union provided grant co-financing amounting to an extra €4 million and €6.5 million respectively.
The donor partners also funded technical cooperation to help manage and implement the project.
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SOURCE: European Bank for Reconstruction and Development