Bloomberg News

EBRD Financing for Kazakh City Wastewater Network Almost Doubles

April 09, 2013

The European Bank for Reconstruction and Development has almost doubled its financing to modernize wastewater treatment facilities serving a city of about 630,000 people in southern Kazakhstan.

A new 10.3 million-euro ($13.4 million) loan will add to earlier financing of 13.6 million euros to Vodnye Resursy Marketing, a private water utility in Shymkent, to extend wastewater services to as many as 3,500 customers not connected to sewage networks and to help build a biogas plant due to be completed late this year, the EBRD said today in a statement.

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

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


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