| Project Detail |
Project Description
Provision of a sovereign loan of up to EUR 20.5 million to the Government of Kosovo to be ongranted to the regional water company Hidromorava ("RWC HM" or the "Company") to finance a proportion of the extension and rehabilitation of the wastewater collection network and construction of a new wastewater treatment plan ("WWTP"). The loan will address critical wastewater treatment needs in the Municipality of Gjilan and connecting neighboring municipalities and will benefit an estimated 139,000 inhabitants. The project will be co-financed with the European Investment Bank ("EIB").
Project Objectives
The financing will enable the Company to rehabilitate, upgrade and extend its wastewater network, and construct a new centralised WWTP in order to collect and treat the wastewater to the relevant
EU environmental standards. Implementation of the project will result in significant environmental benefits to local freshwater resources by considerably reducing the volumes of raw wastewater, and its associated pollutant loads, that will be discharged straight into the river. The Project is expected to increase the number of people connected the sewage network in the service area of the Company.
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