10 february

EIB, EBRD to finance Chisinau water system modernization

The European Bank for Reconstruction and Development and the European Investment Bank will furnish a credit to the Chisinau municipal authorities for modernization of the city’s water supply system. An agreement to this effect was signed here on Friday by Chisinau Mayor Dorin Chirtoaca and the Presidents of the prominent European Banks – Suma Chakrabarti and Werner Hoyer.

Mayor Chirtoaca said at a news conference afterwards that the EIB and EBRD will provide 48 million euros for a 10-year period at a lowest-possible interest rate. In addition, the European Union will furnish a 13.8-million-euro grant for realization of the Program of water supply and waste treatment.

He reminded that in 2011 the European Union provided 3 million euros for project preparation, so the total size of the grant will be 16.8 million euros.

In his words, the project will be realized in two stages. At the first one, 190 kilometers of existing water lines will be rehabilitated. At the second stage, the Chisinau municipal waste treatment plant will be reconstructed and modernized, and sewage lines repaired.

Besides this, 50 artesian wells in and around the city are going to be rehabilitated to be used in case emergencies happen on the Dniester River – the city’s main water source.

Ambassador Pirkka Tapiola, Head of the European Union Delegation to the Republic of Moldova, said that this important program should let Apa-Canal municipal water/sewage company raise its efficiency and quality of services for customers, and should lessen a harmful impact on the environment.

Infotag’s dossier: The Chisinau Primaria [city government] began its cooperation with the European Bank for Reconstruction and Development in 1997, when the first credit (US$21 million) was received from the prominent bank for modernization of the municipal water supply system.