EBRD considers EUR 11mn loan for wastewater project in Serbia.

By bne IntelliNews February 24, 2012
The EBRD said it is considering providing a loan of up to EUR 11mn to Serbia's northern city of Subotica for the modernisation of its wastewater and water supply infrastructure. The proceedings of the loan will finance the construction of a collector, a second water treatment plant and a main water distribution aqueduct, which will complete Subotica's wastewater and water supply networks, the EBRD said in a statement. The total value of the project is estimated at EUR 29.2mn.

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