EBRD funding secures completion of wastewater project in Croatia
Photo by Ekaterina Polischuk / Shutterstock.com
The Croatian town of Poreč, one of the most popular tourist destinations on the Adriatic coast will be able to complete a critical water infrastructure project in the challenging environment of the global coronavirus pandemic thanks to a EUR 6 million loan from the European Bank for Reconstruction and Development, the EBRD has said.
Aerial view of the beach in Poreč, Croatia. The coastal town is one of the most popular tourist destinations on the Adriatic, and is set to benefit from an EBRD-funded water infrastructure project. Photo by Ekaterina Polischuk / Shutterstock.com
The project includes the extension and reconstruction of the sewerage network and the construction of four new wastewater treatment plants.
The new facilities will have a capacity to treat 3.2 million cubic meters of wastewater annually in line with European Union regulations.
The additional EBRD finance complements an earlier EUR 4 mln loan provided in parallel with EU Structural Funds. The recipient is Odvodnja d.o.o. Poreč, a municipal company providing wastewater collection and treatment services, servicing the town and surrounding municipalities, EBRD explained.
MOL and O&GD Discover New Oil Reserve Near Tura
Hungary Expects Progress From EU on Erasmus+ Matter
Airport Developments Exceed HUF 130 bln
7th Edition of BSC Charity Beach Volleyball Tournaments Comi...
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
