Bloomberg News

EBRD Grants to Boost Water, Sewage, Meter Services in Kyrgyzstan

August 06, 2012

The European Bank for Reconstruction and Development said 6.3 million euros ($7.8 million) in loans, grants and special funding is being allocated to help modernize water and wastewater treatment capacities in a Kyrgyzstan city.

The development bank’s support is designed to improve water supplies to Kara-Balta, one of the largest industrial and transport hubs in northern Kyrgyzstan, as well as rehabilitate and upgrade water and sewage networks, the London-based EBRD said.

Kara-Balta Water Co. will conduct much of the improvements to bring the city closer to compliance with European Union standards, the EBRD said in a statement. Project financing includes $3 million from the EBRD Shareholder Special Fund and a $2 million loan to the water company. It also includes plans to install meters to help provide a management tool for leakage detection and to replace depleted water pumps, the EBRD said.

To contact the reporter on this story: Randall Hackley in Zurich at rhackley@bloomberg.net

To contact the editor responsible for this story: Randall Hackley at rhackley@bloomberg.net


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