Seven Million Euros for Two Projects in Bosnia and Herzegovina

November 25, 2019 1:00 PM

 

Minister of Finance and Treasury at the Council of Ministers Vjekoslav Bevanda and Director of the European Bank for Reconstruction and Development (EBRD) office in Bosnia and Herzegovina (BiH) Manuela Nesl signed on Wednesday in Sarajevo a grant agreement for the regional water supply ‘’Plava Voda’’ and a loan agreement for the regional landfill project for solid waste Zivinice.

Bevanda is pleased to have signed important contracts with the EBRD, the first of which is worth two million EUR donated by the Swedish International Development Cooperation Agency (Sida) to support the regional water supply project ‘’Plava Voda’’, for which the EBRD and the Council of Europe Development Bank previously provided 11 million EUR each.

He explained that this is a water supply for the municipalities of Travnik, Zenica, Novi Travnik, Vitez and Busovaca, that is, regular water supply for 250.000 residents.

Bevanda says it is a system of the ‘’PlavaVodaa’’ spring in Novi Travnik to the Putovici reservoir in Zenica, and that the costs of the touristic arrangement of the ‘’Plava Voda’’ spring and the establishment of a water protection zone will also be covered.

‘’The second contract we signed is related to the Zivinice solid waste landfill project, which got five million EUR. The project aims to solve the long-standing waste problem in Zivinice,’’ Bevanda told to reporters.

The construction of a regional landfill, as he said, prevents the creation of wild landfills, improves quality of life and reduces the risk to human health.

‘’I am convinced that the project will be completed by the planned deadline, which would be the end of 2021, and that the issue of the regional landfill in Zivinice will be resolved. The repayment period of the loan is 15 years with a grace period of three years,’’ added Bevanda, biznisinfo.ba portal reports.

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