Germany, EU Finance $44 Million USD Albania Rural Water Supply Program

TIRANA

German development bank KfW, together with the European Union and Albania's government are co-financing a new rural water supply programme worth a total of 39.3 million euro ($44.0 million),according to the Albanian Development Fund (ADF). The third phase of the programme will provide safe and reliable drinking water to 85,000 inhabitants living in rural areas. KfW has provided a loan of $27 Million USD for investments in water supply infrastructure in rural areas, as well as a $2.2 Million USD grant, to be used for financing technical assistance measures related to the program. The EU has granted $12 Million USD for the implementation of the project and for preparatory studies through its Western Balkans Investment Framework. The Albanian government will contribute the remainder.

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