(PRESS RELEASE) LONDON, 25-Jan-2022 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), a multilateral developmental investment bank, has announced that together with the European Union (EU) and the European Investment Bank (EIB) they have backed financially the purchase of new waste collection vehicles for the city of Osh, Kyrgyz Republic’s second largest city. The delivery is part of an international effort to improve the city’s municipal solid waste management practices.
The project is expected to bring major environmental relief and upgrade the municipal waste collection services for more than 370,000 local residents.
Twelve new specialised vehicles were handed over to the municipal solid waste company Osh-Tazalyk in a ceremony which was attended by the mayor of Osh Almaz Mambetov, the Director of Osh-Tazalyk municipal enterprise Nurbek Ismailov, the EU Ambassador to the Kyrgyz Republic Eduard Auer and the EBRD Regional Head of Kyrgyz Republic, Tajikistan and Turkmenistan Ayten Rustamova.
The project is financed by parallel loans of €2 million and €3 million provided in 2020 by the EBRD and the EIB respectively. It also benefits from grant funding of €5 million provided by the EU.
Upon the project’s completion, Osh-Tazalyk will be able to provide uninterrupted services to the population of Osh and its suburbs.
The funds will also allow the municipal waste management company to procure waste containers, modernise waste collection points and build a new sanitary landfill.
To date, the EBRD has invested almost €805 million through 207 projects in the Kyrgyz Republic, with the majority of investments supporting private entrepreneurship. Over €60 million has been invested in 24 water projects across the country to date.
In December 2021, the European Union adopted new programme for cooperation with Kyrgyzstan for the period of 2021-2027. It totals to EUR 62 million and covers areas such as governance, digital transformation, human development, green and climate resilient economy. In addition to this programme, the EU provided € 51 million in grants to co-finance 17 water projects.
Media contact:
Tel: +44 207 338 7805
Email: press@ebrd.com
SOURCE: EBRD
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