EIB to Finance Moldova Water Project

The European Investment Bank (EIB) will lend €10m ($13m) to the Republic of Moldova to execute water projects in the country.

The project includes rehabilitation and extension of water supply and sanitation systems in six towns: Ceadir-Lunga, Floresti, Hincesti, Leova, Orhei and Soroca.

The project will increase drinking water access and reduce pollution of local ground and surface waters to improve the environmental conditions in the rivers Prut and Nistru, as well as the Black Sea.

The project is part-financed by the European Bank for Reconstruction and Development (EBRD) and the European Union through its Neighbourhood Investment Facility (NIF).