EBRD finances improving water and wastewater services in Kyrgyz city
EBRD loan and a grant from the EBRD Shareholder Special Fund
help improve water and wastewater services for 29,000 people.
The European Bank for Reconstruction and Development and
international donors are continuing to upgrade water and wastewater
services in the Kyrgyz Republic, thus improving people’s quality of
life.
The Bank reported that new investment in Batken will address huge
water losses and the urgent need to modernise water and wastewater
infrastructure.
Batken is the capital of the Batken province on the southern fringe
of the Fergana Valley with a population of around 29,000. The EBRD
is supporting the water infrastructure modernisation with a
financing package of up to €4 million. The package consists of an
EBRD loan of up to €1.5 million and capital grants of €2.5 million
from the multi-donor EBRD Shareholder Special Fund (SSF).
In addition, the municipal water company of Batken will receive
technical cooperation support – funded by international donors – to
help it implement the project and a corporate development and
stakeholder participation programme.
The loan agreement was signed in Bishkek by the Minister of Finance
of the Kyrgyz Republic, Adylbek Kasymaliev.
EBRD Head of Office, Larisa Manastirli, said: “With this new
project, the total number of cities which are now able to modernise
their water and wastewater services to provide safe water to people
has now reached eight, and we are considering further support to
smaller cities throughout the country.”
The modernisation of water and wastewater services in Kyrgyz cities
is a priority for the EBRD in the country and the Bank has
developed a financing facility expressly for this purpose. To date,
the EBRD has invested €508 million in the country.
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