Water supply and sewerage infrastructure in six counties in Romania are to benefit from $443 Million USD in new investment under the European Commission’s Cohesion Fund.
Specifically, the investment is directed at providing safe drinking water and wastewater treatment projects in Constanta, Călăraşi, Dâmboviţa, Ialomiţa and parts of Ilfov and Brasov. The investment is targeted to reduce pollutants in drinking water and thereby reduce health risks, and stimulate biodiversity and development of industrial, commercial and recreational activities.
The project is expected to create more than 150 jobs with an operational completion date of July 2023.
Commissioner for Cohesion and Reforms, Elisa Ferreira, commented: “This project, which complements previous EU investments aiming at modernising water and wastewater infrastructures in Romania, will ensure continuous access to safe drinking water and will reduce pollution of rivers and groundwater in line with the Commission’s Green deal objectives.”
The European Union’s Cohesion Fund is specifically designed to assist Member States whose Gross National Income per capita is less than 90 Percent of the EU average. Investments are aimed to promote sustainable development while reducing economic and social disparities.
The Fund allocates its $75 Billion USD to activities related to transport and the environment as long as there is clear benefit with respect to energy efficiency, use of renewable energy and other sustainable criteria.