EBRD Lends $8 Million USD for Aktau Region

The European Bank for Reconstruction and Development is lending $8 million USD to municipal water and district heating company Aktau TVS&Vfor rehabilitation of the water and wastewater system in the city of Aktau, in the Mangystau region of Kazakhstan. The loan funds will go toward the company's priority investment program, which involved rehabilitation of the most deteriorated parts of the water distribution network, upgrade of wastewater pumping stations and modernization of maintenance equipment for the water and wastewater network. The project will be cofinanced by local authorities, as well as by grants from the Netherlands, Austria, the Czech Republic and the EBRD Shareholders' Special Fund...