Sitemap

EIB helps to improve sanitation and sewerage systems in Belgrade

• The EIB has signed a EUR 35m loan to finance the sewerage system of the City of Belgrade, improving living conditions for 170 000 people in the Palilula Municipality
• The project aims to provide vital infrastructure to local residents and reduce pollution of the Danube River and groundwater via the construction of a wastewater treatment plant
• The EU bank also provided a technical assistance grant of up to EUR 1.1m for the preparation of the project under the Economic Resilience Initiative (ERI)

The European Investment Bank (EIB) is continuing to help improve environmental and social standards in Serbia with a EUR 35m loan to the City of Belgrade. The loan will finance the sewerage system and a wastewater treatment plant in the Municipality of Palilula, located on the left bank of the Danube River.

The project will help provide better sanitation and living conditions for approximately 170 000 people, will contribute to reducing environmental pollution and will increase the EIB’s support for the environment sector in line with the EU strategy for the Western Balkans.

In addition to the EIB loan, the investment will benefit from a EUR 1.1m technical assistance grant, provided under the Economic Resilience Initiative (ERI) to support the City of Belgrade in better preparing and implementing the project. The remaining share of a total of EUR 52m in financing will be provided by the municipal budget.

The loan was signed today in Luxembourg by Miguel Morgado, Director of the EIB’s Adriatic Sea Lending Operations Department, and Goran Vesic, Deputy Mayor of the City of Belgrade.

Miguel Morgado said: “We look forward to having this complex project completed as planned according to the best European standards, and to support other much needed, viable projects in the environment sector, thus contributing to climate action as a top priority. We are also happy to have mobilised a EUR 1.1m technical assistance grant under ERI. With its lending and advisory operations and in close cooperation with the European Commission, the EIB is continuing to contribute to the economic development and well-being of the people of the region and covering a wide range of strategic sectors, from connectivity to the environment.”

More...

EIB Supports Digitalisation Of Schools With €65 Million

Modern IT equipment and high-speed internet for primary and secondary schools across Serbia. 50 000 teachers to improve their digital skills and 700...

G20 Summit: G20 Leaders United To Address Major Global Pandemic And Economic Challenges

President of the European Commission, Ursula von der Leyen, and President of the European Council, Charles Michel, represented the EU at the 15th G20 Leaders' summit...

SSCC promotes the Serbian ICT market to Swiss companies

SSCC promotes the Serbian ICT market to Swiss companies in cooperation with Switzerland Global Enterprise. Switzerland Global Enterprise S-GE held the webinar entitled "ICT...

Government Of Serbia Adopts 2021 Budget Bill

At today's session, the government of the Republic of Serbia adopted the Bill on the Budget of the Republic of Serbia for 2021, which...

News

EBRD, EU And WBIF Financing Construction Of “Peace Highway” In Serbia

EBRD loan of up to €85 million to finance Niš-Pločnik section of “Peace Highway” “Peace Highway” is a...

Diego Maradona: Argentina Legend Dies Aged 60

Football legend Diego Maradona, one of the greatest players of all time, has died at the age of 60. The...

Serbian Student Heads Second-Placed Team At Internet Innovation Competition

Mensa Serbia said on Tuesday that a Serbian doctoral candidate headed the team that won silver at the China...

EIB Supports Digitalisation Of Schools With €65 Million

Modern IT equipment and high-speed internet for primary and secondary schools across Serbia. 50 000 teachers to improve...

G20 Summit: G20 Leaders United To Address Major Global Pandemic And Economic Challenges

President of the European Commission, Ursula von der Leyen, and President of the European Council, Charles Michel, represented the EU at...

EBRD, EU And WBIF Financing Construction Of “Peace Highway” In Serbia

EBRD loan of up to €85 million to finance Niš-Pločnik section of “Peace Highway” “Peace Highway” is a...

Diego Maradona: Argentina Legend Dies Aged 60

Football legend Diego Maradona, one of the greatest players of all time, has died at the age of 60. The...

Serbian Student Heads Second-Placed Team At Internet Innovation Competition

Mensa Serbia said on Tuesday that a Serbian doctoral candidate headed the team that won silver at the China...

EIB Supports Digitalisation Of Schools With €65 Million

Modern IT equipment and high-speed internet for primary and secondary schools across Serbia. 50 000 teachers to improve...

G20 Summit: G20 Leaders United To Address Major Global Pandemic And Economic Challenges

President of the European Commission, Ursula von der Leyen, and President of the European Council, Charles Michel, represented the EU at...