Bosnia and Herzegovina: EUR 60m for water and wastewater treatment
The
European Investment Bank (EIB) is lending EUR 60 million for
implementation of the water and sanitation projects of municipalities
and cantons in the Federation of Bosnia and Herzegovina. This will help
to improve the quality of life of the country’s citizens and meet
Bosnia and Herzegovina’s needs regarding future compliance with EU
environmental legislation. The EIB loan will finance an investment
programme for the water and wastewater sector in 15 towns that will
result in an improvement and expansion of water supply and sewerage
systems and the construction of wastewater treatment plants. The Bank
would be prepared to consider a similar operation for Republika Srpska,
representing the other entity of Bosnia and Herzegovina.
The EIB loan will cover up to 50% of the total costs of the planned
projects that will be co-financed by the budgets of the Federation of
Bosnia and Herzegovina and the country’s municipalities and cantons and
the EU Instrument for Pre-Accession. The remaining funds will be
provided by the European Bank for Reconstruction and Development and
the World Bank, representing another example of the good coordination
and cooperation among all three international financial institutions in
the Western Balkans.
At present, project preparation in a number of towns is already in
progress, assisted by grants provided by the European Union under the
Environmental Project Preparation Facility. Some of the required
feasibility studies have already been completed in cooperation between
the municipal authorities and internationally experienced consultants,
e.g. in Velika Kladusa, Orasje and Bosanski Petrovac, and more are to
be undertaken in the course of 2008.
Background:
The EIB, the European Union’s bank promoting European objectives,
has provided loans in Bosnia and Herzegovina exceeding EUR 760 million
since 2000, including the current loan. EIB lending in the country is
on an upward trend. In 2007 alone, the Bank granted loans in the
country amounting to some EUR 272 million for various energy and road
rehabilitation projects as well as the investments of small and
medium-sized companies through indirect support via partner financing
institutions operating in the country.
Contact information |
European Investment Bank (EIB): Dušan Ondrejička
(email: d.ondrejicka@eib.org) Phone: +352 43 79 - 83334 |
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News type | Inbrief |
File link |
http://www.eib.org/projects/press/2008/2008-072-eib-supports-water-supply-and-wastewater-treatment-in-bosnia-and-herzegovina.htm?lang=-en |
Source of information | European Investment Bank (EIB) |
Keyword(s) | sanitation, water supply |
Subject(s) | ANALYSIS AND TESTS , SANITATION -STRICT PURIFICATION PROCESSES , RIGHT , DRINKING WATER , DRINKING WATER AND SANITATION : COMMON PROCESSES OF PURIFICATION AND TREATMENT , FINANCE-ECONOMY , INFRASTRUCTURES , CHARACTERISTICAL PARAMETERS OF WATERS AND SLUDGES , PREVENTION AND NUISANCES POLLUTION , WATER QUALITY , HEALTH - HYGIENE - PATHOGENIC MICROORGANISM |
Relation | http://www.bei.org/attachments/thematic/water_2008_en.pdf |
Geographical coverage | Bosnia and Herzegovina |
News date | 29/08/2008 |
Working language(s) | ENGLISH |