The European Investment Bank (EIB) signed on October 19 with the multi-donor fund E5P and the Government of Ukraine an EUR 5.11m grant agreement to support the rehabilitation and modernization of the water facilities of Mykolayiv Vodokanal, the municipal utility for water distribution and water treatment of the City of Mykolayiv. With 510,000 inhabitants, this is the ninth largest city in Ukraine.
The Eastern Europe Energy Efficiency and Environment Partnership, or E5P, is an EUR 200m fund supporting municipal investments in energy efficiency and environmental projects in the Eastern Partnership countries.
EIB Vice-President Vazil Hudák commented: “The support to the Mykolayiv Vodokanal project demonstrates the commitment of the EU and the international community to improve the availability of clean water and safeguard the natural environment for the benefit of the citizens of Ukraine. It will also help Ukraine meet its international commitments under the Convention on the Protection of the Black Sea against Pollution”.
Vice Prime Minister of Ukraine, Minister of Regional Development, Building and Housing and Communal Services of Ukraine Hennadii Zubko stated: “The European Investment Bank is a reliable partner of Ukraine in implementing reforms of Housing and Communal Services and Energy efficiency coupled with implementation of modernization municipal infrastructure projects. Mykolayiv Vodokanal project implementation surely a step towards a new quality of water services for the city and its citizens.”
Manager of the E5P Fund Anders Lund said: “The project will bring health and environmental compliance with national and international rules and the availability of higher quality of water and wastewater services for the population. The investment supports emergency and efficiency-generating measures for both water supply and wastewater collection and treatment and the extension of piped water supply to areas presently lacking access to quality drinking water”.
Original source: EIB
Published on 19 October 2018
