EIB invests €11 million for wastewater treatment in Kosovo

EIB invests €11 million for wastewater treatment in Kosovo

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The European Investment Bank (EIB) will invest €11 million to improve wastewater management and provide affordable access to water and wastewater services for more than 90 000 people in the municipality of Gjilan/Gnjilane in Kosovo.

Investment from the EU bank will enable the construction of a wastewater treatment plant and related sewerage network, and the revitalisation of key infrastructure in the environmental protection sector.

EIB Vice-President Dario Scannapieco said: “We are glad to support this project that will improve living standards for thousands of people in Gjilan/Gnjilane by providing a modern and affordable wastewater management system. On a larger-scale, it will contribute to socio-economic progress and regional connections, and improve preparedness for pandemic and emergency situations. Finally, we hope this financing will bring Kosovo closer to EU environmental requirements and support the transition of the Western Balkan countries towards the Sustainable Development Goals.”

The investment will reduce the pollution of local water, including the risk of trans-border water contamination. New sanitary infrastructure will also improve the quality and efficiency of public health and increase municipal resilience to natural disasters such as COVID-19. The investment comes under the EIB’s Economic Resilience Initiative, which aims to improve vital infrastructure in the Western Balkans and foster social and economic progress in the region. Supporting critical environmental infrastructure is a key part of the EU and EIB strategy for the Western Balkans.

The project is co-financed by EBRD (€10 million). In addition, the project will benefit from a €3.1 million EU grant from the Western Balkans Investment Framework (WBIF) to support project preparation and implementation.

Original source: EIB
Published on 02 June 2020