Vinnytsia region expects to receive 40 mln. Euros from the European Investment Bank for the modernization of water
As part of the agreement between Ukraine and the EIB, which would provide a loan of 400 mln. Euros for restoration of municipal infrastructure, it is planned to reconstruct the number of objects in the enterprise " Vinnytsyaoblvodokanal. " Vinnitsaka State Administration expects to receive 40 mln. euro loans for investment projects at utility "Vinnytsyaoblvodokanal" to improve the quality of tap water. Credit in the amount of 400 mln. Euros to finance infrastructure projects large and medium Ukrainian cities for the protection and restoration of utility infrastructureUkraine has provided the structure of the European Investment Bank. The corresponding financial agreement between Ukraine and the EIB to finance the project "Development of municipal infrastructure Ukraine" signed by Vice Prime Minister - Minister of Regional Development, Construction and Housing and Communal Services of Ukraine Gennady Zubko and EIB Vice-President LaszloBaranyay 23 July. "Vinnitsa water utility for years working with the Bank, and we look forward to continuing this cooperation. And interested in getting credit at very attractive terms at 2% per annum for 22-30 years depending on the project with the possibility of postponing payments on a percentage of 8 years ", - said the deputy head oblderzhadministratsiyi Basil the industry. Under the terms of the agreement a total repayment period of the loan for the project of modernization of heat supply is 22 years on modernization of water supply projects - 30 years. The interest rate will amount to 2%. The final recipients of funds is central, regional or local authorities, public and municipal Companyment, providing utilities. In said Vasily brewers occur consultation and coordination list of facilities and volumes of financing with the EIB and the Ministry of Regional Development, which coordinates the implementation of the program. For funds EIB utility "Vinnytsyaoblvodokanal" plans to reconstruct two water stationsand supply system and water distribution in Vinnytsia working at the border, tanks, reagent economy treatment facilities, as well as a number of water pipes and sewers: EIB Vice President Laszlo Baranyay said: "This project is implemented in accordance with the Bank's commitment to support the EU Ukraine and its people. Modern and reliable municipalitiestial infrastructure will enhance the quality of life of people living in cities of Ukraine. This will save energy, provide better and more economic services and help protect the environment. " This was reported in the Vinnytsia Regional State AdministrationSource: http://artlife.rv.ua/