Tajikistan and EBRD Sign Loan, Support and Project Agreements

7 months ago tngadmin Comments Off on Tajikistan and EBRD Sign Loan, Support and Project Agreements

On March 2, a Loan Agreement was signed between Tajikistan and the European Bank for Reconstruction and Development (EBRD), a Support Agreement between Kulob administration and the EBRD, as well as a Project Agreement between the Housing and Communal Services, Kulob’s Water Supply and Sewerage and the EBRD under the project Water supply and sewerage of Kulob.

The project is aimed at the construction, restoration of existing reservoirs, improvement of quality, neutralization of drinking water and providing the population of Kulob with clean drinking water.

The project total cost is € 15 million, of which loans in the amount of € 7.5 million are allocated by the EBRD, as well as grant funds in the amount of € 7.5 million by the European Union.

It is also planned to allocate technical assistance in the amount of € 1.35 million for the project preparation.

The project begins in 2021 and is scheduled for completion in 2024.

Source: National Information Agency of Tajikistan