EIB Investment For Water Network Improvement In Kosovo

9 Jun 2020 by Staff - Water Diplomat
LUXEMBOURG, Luxemburg

The European Investment Bank (EIB) has announced an investment of $12.5 Million USD for construction of a wastewater treatment plant and related sewerage network for the municipality of Gjilan/Gnjilane in Kosovo. Funds will also be applied to other key environmental protection infrastructure. The project will be co-financed by EBRD ($11.5 Million USD) and an EU grant of $4 Million USD.

It is expected that the investment, announced 2 June, will reduce pollution in the local water system that will have the knock-on effect of reducing the risk of trans-border water contamination. The new sanitary infrastructure will improve the quality of water and, consequently, the efficiency of public health and increase resilience to public health threats such as COVID-19.

The investment will be funded by EIB’s Economic Resilience Initiative that aims to improve infrastructure in the Western Balkans and over 90,000 people will be affected by the water network improvements/

In a press release, EIB Vice-President Dario Scannapieco said: “We are glad to support this project that will improve living standards for thousands of people in Gjilan/Gnjilane by providing a modern and affordable wastewater management system. On a larger-scale, it will contribute to socio-economic progress and regional connections, and improve preparedness for pandemic and emergency situations. Finally, we hope this financing will bring Kosovo closer to EU environmental requirements and support the transition of the Western Balkan countries towards the Sustainable Development Goals.”